HB 1562 Missouri House · 2025 Regular Session

Modifies provisions relating to certain veteran-owned businesses

HB 1562 requires owners of veteran-owned small businesses receiving loans from eligible lenders to complete an approved "boots-to-business" program. The bill mandates that participants be assigned a mentor for 365 days after loan approval, with at least quarterly meetings. This directly affects veteran business owners securing qualifying loans under existing state lending programs, modifying their post-loan requirements. The bill does not create new funding but adds a structured support requirement tied to loan disbursement.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2025 Last action May 15, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
May 15, 2025
Committee
Referred: Emerging Issues(H)
lower
Feb 27, 2025
Introduced
Introduced and Read First Time (H)
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Hardwick
Bill Hardwick
RRepublican
MO
121