Source: http://dccode.elaws.us/code?no=2-218.75
Timestamp: 2019-11-19 02:17:27
Document Index: 365873388

Matched Legal Cases: ['§ 2', '§ 2', '§ 2', '§ 2', '§ 2375', '§ 2062', '§ 3', '§ 2022', '§ 216', '§ 2231', '§ 2', '§ 2', '§ 3', '§ 2062', '§ 3', '§ 3', '§ 2', '§ 2231', '§ 2231', '§ 2242', '§ 2', '§ 2', '§ 2']

§ 2-218.75. Small Business Micro Loan Fund.
(1) "Eligible recipient" means businesses certified as small business enterprises pursuant to § 2-218.22 or disadvantaged business enterprises pursuant to § 2-218.23.
(2) "Fund" means the Small Business Micro Loan Fund.
(b) There is established as a nonlapsing fund the Small Business Micro Loan Fund, which shall be used for the following purposes:
(1) Eligible recipients that are also certified as resident-owned businesses pursuant to § 2-218.35; or
(A) A DC Main Street corridor;
(B) A Neighborhood Investment Program Target Area; or
(Oct. 20, 2005, D.C. Law 16-33, § 2375, as added Sept. 18, 2007, D.C. Law 17-20, § 2062(e), 54 DCR 7052; July 18, 2008, D.C. Law 17-207, § 3, 55 DCR 6107; Aug. 16, 2008, D.C. Law 17-219, § 2022, 55 DCR 7598; Mar. 25, 2009, D.C. Law 17-353, § 216, 56 DCR 1117; Mar. 3, 2010, D.C. Law 18-111, § 2231, 57 DCR 181; Apr. 8, 2011, D.C. Law 18-357, § 2(b), 58 DCR 763.)
D.C. Law 17-219 rewrote subsec. (b), which had read as follows:
"(b) There is established as a nonlapsing fund the Small Business Micro Loan Fund, which shall be used solely to provide financial assistance, including loans and loan guarantees, to eligible recipients."
D.C. Law 18-111, in subsec. (a)(1), substituted "or disadvantaged" for "and disadvantaged"; and rewrote subsec. (b)(2), which had read as follows:
"(2) To make a one-time grant in an amount of $120,000 to be divided equally among the D.C. Main Streets Programs that are in good standing and have letters of agreement with the Department of Small and Local Business Development that expire by September 30, 2008 for expenditures related to personnel, accounting, and auditor services; and to make a one-time grant in an amount of $10,000 to the Latino Economic Development Corporation for the printing of the Think Local First print directory that supports local businesses in the District; and".
D.C. Law 18-357, in subsec. (b), substituted "used" for "used solely"; and, in subsec. (c)(2), substituted "and any fees collected pursuant to § 2-218.49a(a-1) shall be collected by the Department and deposited into the Fund" for "shall be collected by the Department and deposited into the Fund".
For temporary (225 day) amendment of section, see § 3 of the Department of Small and Local Business Development Subcontracting Clarification, Benefit Expansion, and Grant-making Authority Temporary Amendment Act of 2007 (D.C. Law 17-96, January 29, 2008, law notification 55 DCR 3403).
For temporary (90 day) addition, see § 2062(e) of Fiscal Year 2008 Budget Support Emergency Act of 2007 (D.C. Act 17-74, July 25, 2007, 54 DCR 7549).
For temporary (90 day) amendment of section, see § 3 of Department of Small and Local Business Development Subcontracting Clarification, Benefit Expansion, and Grant-making Authority Emergency Amendment Act of 2007 (D.C. Act 17-156, October 18, 2007, 54 DCR 10919).
For temporary (90 day) amendment of section, see § 3 of Department of Small and Local Business Development Subcontracting Clarification, Benefit Expansion, and Grant-making Authority Congressional Review Emergency Amendment Act of 2008 (D.C. Act 17-251, January 23, 2008, 55 DCR 1259).
For temporary (90 day) amendment of section, see § 2 of Small Business Micro Loan Fund Emergency Amendment Act of 2009 (D.C. Act 18-106, June 18, 2009, 56 DCR 4927).
For temporary (90 day) amendment of section, see § 2231 of Fiscal Year 2010 Budget Support Second Emergency Act of 2009 (D.C. Act 18-207, October 15, 2009, 56 DCR 8234).
For temporary (90 day) amendment of section, see § 2231 of Fiscal Year Budget Support Congressional Review Emergency Amendment Act of 2009 (D.C. Act 18-260, January 4, 2010, 57 DCR 345).
For temporary (90 day) addition of section, see § 2242 of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
For temporary (90 day) amendment of section, see § 2(b) of Alternative Equity Payment Allocation Emergency Amendment Act of 2010 (D.C. Act 18-589, October 20, 2010, 57 DCR 10143).
For temporary (90 day) amendment of section, see § 2(b) of Alternative Equity Payment Allocation Congressional Review Emergency Amendment Act of 2011 (D.C. Act 19-1, February 2, 2011, 58 DCR 1236).
For history of Law 18-357 see notes under § 2-218.49a.
Short title: Section 2021 of D.C. Law 17-219 provided that subtitle I of title II of the act may be cited as the "Small Business Micro Loan Fund Amendment Act of 2008".
Short title: Section 2230 of D.C. Law 18-111 provided that subtitle X of title II of the act may be cited as the "Small Business Micro Fund Amendment Act of 2009".