S 1459 New York Senate · 2021 Regular Session

Establishes a community capital loan program

Summary
Provides that the department of labor in consultation with the department of family assistance is authorized and directed to solicit proposals to establish community loan programs providing small, no-interest loans to persons with income below 200% of the federal poverty level in order to become self-employed; requires the commissioner to contract with not-for-profit corporations to administer loan pools.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 12, 2021 Last action Jan 5, 2022
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO SOCIAL SERVICES
upper
Jan 12, 2021
Committee
REFERRED TO SOCIAL SERVICES
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
NB
Neil Breslin
DDemocratic/Working Families
NY
46