Budget Amendment ID: FY2016-S3-183

GOV 183

Small Business Capital Reserve

Messrs. Petruccelli and Tarr, Mrs. L'Italien and Mr. Humason moved that the proposed new text be amended in section 2, by inserting after item 1599-7770 the following new item:-

“For a reserve to be administered by the Massachusetts Office of Business Development in cooperation with the Massachusetts Business Development Corporation, an amount not less than $1,100,000 shall be made available for the Massachusetts Small Business Capital Access Program pursuant to section 57 of Chapter 23A of the General Laws.”