By Bob Katzen
House 155-2, overrode Gov. Healey’s veto of $650,000 (reducing funding from $1.5 million to $850,000) for loans to small businesses.
The Senate did not act on the veto so the veto stands and the $650,000 was eliminated.
“I am reducing this item to the amount projected to be necessary due to the availability of alternative resources,” said Gov. Healey in her veto message. “This operating funding overlaps with alternative capital funding in the fiscal year 2025 Capital Investment Plan intended to support this purpose. Specifically, capital grants for Community Development Financial Institutions will be utilized to complement this funding in support of small businesses and microbusinesses.”
(A “Yes” vote is for the $650,000. A “No” vote is against it.)
Rep. Christine Barber Yes Rep. Mike Connolly Yes Rep. Paul Donato Yes Rep. Erika Uyterhoeven Yes