Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Economic Development - Small, Minority, and Women-Owned Business Accounts - Management Fees (Small Business Increased Access to Capital Act)” Read the full text
2026 session
What it does
Authorizing the Department of Commerce to authorize an eligible fund manager to receive, use, and retain a certain management fee; and authorizing the Department to set an annual cap on the cumulative amount of certain management fees an eligible fund manager may receive.
From the official legislative record, shown verbatim. Not legal advice.
Where it is
First reading, house of origin · Feb 3, 2026
Hearing · Feb 24, 2026
Committee report, house of origin: Favorable · Mar 9, 2026
Second reading, house of origin: Passed · Feb 26, 2026
Third reading, house of origin: Passed · Feb 27, 2026
First reading, opposite house · Feb 27, 2026
Committee report, opposite house: Favorable with Amendments · Apr 8, 2026
Second reading, opposite house: Passed with Amendments · Mar 20, 2026
Third reading, opposite house: Passed with Amendments · Mar 21, 2026
The numbers
1
sponsor on the bill
Sponsors
Every fact on this page links to its source, starting with the official bill record. Last action: Approved by the Governor - Chapter 391 (as of Aug 30, 2026).