Did not become law. It stopped in the Senate's Finance, Revenue and Bonding Committee on March 28, 2022. The 2022 session has ended.
2022 Regular Session
Senate Bill 481
AN ACT INVESTING STATE FUNDS IN UNDERSERVED AND LOW-INCOME COMMUNITIES.
What it does
The synopsis the General Assembly published with the bill.
To (1) require the investment of state funds in community banks, community credit unions and community development financial institutions to promote community or economic development in certain underserved communities, and (2) authorize the establishment of a program to guarantee loans made to certain borrowers who would not otherwise qualify for such loan.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
March 25 to March 28, 2022, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the SenateMar 25 to Mar 28 · stopped3 days
Finance, Revenue and Bonding CommitteeMar 25 to Mar 28 · stopped3 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the Senate Mar 25 – Mar 28
- Mar 25Introduced and sent to Finance, Revenue and Bonding Committee
- Mar 28Heard in Finance, Revenue and Bonding Committee
All 2 actions, as published
- Mar 25REF. TO JOINT COMM. ONBoth houses
- Mar 28PUBLIC HEARINGBoth houses