Agenda Item 9
April 13, 2012
Robert H. Drummer, Senior Legislative
Bill 6-12, Economic Development - Small Business Assistance
Planning, Housing and Economic Development Committee recommendation
the Bill with amendments.
Bill 6-12, Economic Development - Small Business Assistance, sponsored by Council
Vice President Navarro, Councilmembers Ervin, Floreen, Leventhal, Council President Berliner
and Councilmember Riemer, was introduced on February 7, 2012. A public hearing was held on
February 28 and a Planning, Housing and Economic Development Committee worksession was
held on March 19.
Bill 6-12 would establish a program to assist small businesses located in either an
or an urban renewal area
of the County who are adversely impacted by a
County redevelopment project or a redevelopment project located on County property. The Bill
would require the Director of the Department of Economic Development (DED Director) to
create and operate the program. Subject to Council appropriation, the Director may award a
grant or loan from the Economic Development Fund (EDF) to an eligible small business and
provide technical assistance and training to a small business receiving financial assistance under
the program. In the Bill as introduced, the Council must approve an award that exceeds
The Bill would also require the Executive to adopt method 2 regulations to implement
this program. The regulations must:
require the Director to compile and maintain a list of approved technical training
courses on the appropriate website;
specify the application procedures and eligibility criteria for a grant or loan to a
small business under the Program;
specify conditions that the Director may impose on a small business in order to
receive financial assistance from the Fund under the Program;
define what constitutes an adverse impact on a small business;
define what constitutes financial health of a small business; and
An enterprise zone must be designated by the Maryland Department of Business and Economic Development.
An urban renewal area must be designated by the Council.