2011 House Bill 5137

Authorize government “microenterprise business” subsidies

Introduced in the House

Nov. 1, 2011

Introduced by Rep. Jon Switalski (D-25)

To authorize state government subsidies for "microenterprise businesses." The subsidies could be loan guarantees of up to $35,000 and some other benefits, distributed by “microenterprise development organizations” to whom the state would give grants. The bill would also create a state “Center on Microenterprise Development” to determine which organizations would get the grant money.

Referred to the Committee on Commerce