Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Small Business topic
No spam. Unsubscribe anytime.
Senate agrees to consider Small Business Emergency Bridge Loan bill draft; motion carries 31‑0
Summary
Members approved consideration and numbering of bill draft 25 LSO 0448, the "Small Business Emergency Bridge Loan Program," under Senate rule 4‑5(a). The motion carried with 31 affirmative responses, enabling the draft to be introduced and move through the legislative process.
The Wyoming Senate approved a motion under Senate Rule 4‑5(a) to permit consideration and numbering of bill draft 25 LSO 0448, titled the “Small Business Emergency Bridge Loan Program,” despite a missed noon deadline.
The motion asked the Senate to allow the draft to be numbered and introduced so the body can hear and further shape the legislation in the normal process. The draft would establish a short‑term, 0% revolving bridge loan, administered by the Department of Agriculture, to help small businesses and ranchers after a declared state emergency by the governor. Eligibility would be determined by participating local banks that would vet applicants and require collateral, such as anticipated insurance proceeds or federal disaster payments.
Procedure and vote: The Senate recorded 31 aye votes on the motion to consider and number the draft; the president announced the rule’s two‑thirds threshold had been met and the motion was approved. No roll‑call names were recorded in the transcript for that particular motion beyond the clerk’s roll read leading to the announced total.
Next step: The draft will be numbered and introduced formally so members can offer amendments and vet the program’s details in committee and on the floor.
