88R3810 JES-D
By: Meza H.B. No. 1113
A BILL TO BE ENTITLED
AN ACT
relating to the creation of a low-interest loan program for
entrepreneurs with physical or mental disabilities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Title 4, Labor Code, is amended by adding
Subtitle D to read as follows:
SUBTITLE D. ENTREPRENEURSHIP LOANS FOR PERSONS WITH DISABILITIES
CHAPTER 375. ENTREPRENEURSHIP LOANS FOR PERSONS WITH DISABILITIES
Sec. 375.001. ENTREPRENEURSHIP LOANS FOR PERSONS WITH
DISABILITIES. (a) In this section:
(1) "Commission" means the Texas Workforce
Commission.
(2) "Disability" means, with respect to an individual,
a mental or physical impairment that substantially limits at least
one major life activity of that individual.
(b) The commission shall establish and administer a
low-interest loan program to support entrepreneurship among
persons with physical and mental disabilities.
(c) The commission may solicit and accept gifts, grants, and
donations from public and private entities to use for the purposes
of this section.
(d) The commission shall adopt rules as necessary to
establish and administer the loan program established under this
section.
SECTION 2. Not later than January 1, 2024, the Texas
Workforce Commission shall adopt rules necessary to implement
Chapter 375, Labor Code, as added by this Act.
SECTION 3. This Act takes effect September 1, 2023.