COMMUNITY DEVELOPMENT CORP
Summary
Creates the Community Investment Corporation Development Act. Creates the Community Investment Corporation Development Commission within the Department of Commerce and Economic Opportunity. Sets forth procedures for appointments to the Commission and sets forth procedures for its operation. Requires the Department of Commerce and Economic Opportunity to develop and maintain a program to make grants to communities seeking to establish community investment corporations. Requires the Commission to seek out funding sources to enhance the development of community investment corporations. Amends the State Finance Act to create the Community Investment Corporation Fund.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2009
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2009
Last action Jan 12, 2011
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
4
Jan 12, 2011
Senate · Failed
Session Sine Die
Apr 3, 2009
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 13, 2009
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As April 3, 2009
Mar 4, 2009
Senate · Referred to committee
Assigned to Commerce
Feb 20, 2009
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
James F. Clayborne, Jr.
DDemocratic
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