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Kentucky · 2025 Regular Session · Bill

HB 505: AN ACT relating to the Veteran-Owned Small Business and Entrepreneur Loan Program.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 505 is a bill introduced in the Kentucky House on February 13, 2025. According to its official title, it concerns: AN ACT relating to the Veteran-Owned Small Business and Entrepreneur Loan Program. Most recent recorded action (February 21, 2025): to Veterans, Military Affairs, & Public Protection (H).

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Create a new section of Subchapter 12 of KRS Chapter 154 to create the Veteran-Owned Small Business and Entrepreneur Loan Program to be administered by the Office of Entrepreneurship; establish requirements and program details; create the Veteran-Owned Small Business and Entrepreneur Loan Program fund from which the office provides loans to qualified veterans of not more than $50,000.

Sponsors

NameRolePartyChamberDistrict
No sponsor recorded in source data.

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. to Veterans, Military Affairs, & Public Protection (H)
  2. to Committee on Committees (H)
  3. introduced in House

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source