SB 222

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
SB 222 establishes a revolving loan program for historically underutilized businesses to finance the purchase of performance and payment bonds required for public work contracts. The program provides interest-free loans, with specific eligibility criteria, repayment terms, and maximum loan amounts based on the recipient’s contracting history​.
Author (1)
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