2006 House Bill 6672

Authorize state subsidies for banks in low-income neighborhoods

Introduced in the House

Nov. 29, 2006

Introduced by Rep. Chris Kolb (D-53)

To authorize the deposit of “surplus” state funds into commercial deposits (CDs) of up to 15 years in duration in bank branches eligible for the tax breaks proposed by House Bill 6671.

Referred to the Committee on Commerce