2023 -- H 5982 ======== LC001831 ======== S TATE OF RHODE IS LAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2023 ____________ A N A C T RELATING TO STATE AFFAIRS AND GOVERNMENT -- SMALL BUSINESS ASSISTANCE PROGRAM Introduced By: Representatives Nardone, Morales, Roberts, Rea, Place, Chippendale, Finkelman, Vella-Wilkinson, and Cortvriend Date Introduced: March 01, 2023 Referred To: House Finance It is enacted by the General Assembly as follows: SECTION 1. Section 42-64.25-14 of the General Laws in Chapter 42-64.25 entitled "Small 1 Business Assistance Program" is hereby repealed. 2 42-64.25-14. Sunset. 3 No grants, funding, or incentives shall be authorized pursuant to this chapter after 4 December 31, 2023. 5 SECTION 2. This act shall take effect upon passage. 6 ======== LC001831 ======== LC001831 - Page 2 of 2 EXPLANATION BY THE LEGISLATIVE COUNCIL OF A N A C T RELATING TO STATE AFFAIRS AND GOVERNMENT -- SMALL BUSINESS ASSISTANCE PROGRAM *** This act would repeal the sunset for the small business assistance program and permanently 1 extend the program beyond the scheduled expiration date of December 31, 2023. 2 This act would take effect upon passage. 3 ======== LC001831 ========