1 | 1 | | 88R3810 JES-D |
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2 | 2 | | By: Meza H.B. No. 1113 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the creation of a low-interest loan program for |
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8 | 8 | | entrepreneurs with physical or mental disabilities. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Title 4, Labor Code, is amended by adding |
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11 | 11 | | Subtitle D to read as follows: |
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12 | 12 | | SUBTITLE D. ENTREPRENEURSHIP LOANS FOR PERSONS WITH DISABILITIES |
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13 | 13 | | CHAPTER 375. ENTREPRENEURSHIP LOANS FOR PERSONS WITH DISABILITIES |
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14 | 14 | | Sec. 375.001. ENTREPRENEURSHIP LOANS FOR PERSONS WITH |
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15 | 15 | | DISABILITIES. (a) In this section: |
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16 | 16 | | (1) "Commission" means the Texas Workforce |
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17 | 17 | | Commission. |
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18 | 18 | | (2) "Disability" means, with respect to an individual, |
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19 | 19 | | a mental or physical impairment that substantially limits at least |
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20 | 20 | | one major life activity of that individual. |
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21 | 21 | | (b) The commission shall establish and administer a |
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22 | 22 | | low-interest loan program to support entrepreneurship among |
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23 | 23 | | persons with physical and mental disabilities. |
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24 | 24 | | (c) The commission may solicit and accept gifts, grants, and |
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25 | 25 | | donations from public and private entities to use for the purposes |
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26 | 26 | | of this section. |
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27 | 27 | | (d) The commission shall adopt rules as necessary to |
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28 | 28 | | establish and administer the loan program established under this |
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29 | 29 | | section. |
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30 | 30 | | SECTION 2. Not later than January 1, 2024, the Texas |
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31 | 31 | | Workforce Commission shall adopt rules necessary to implement |
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32 | 32 | | Chapter 375, Labor Code, as added by this Act. |
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33 | 33 | | SECTION 3. This Act takes effect September 1, 2023. |
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