Certain small business loan records stay exempt from public requests
The law keeps certain information about how economic development agencies run small business loan programs exempt from public records requests.
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What it does
Certain information about small business loan programs held by economic development agencies remains exempt from public records requests. That protection continues beyond October 2, 2026.
Argument forKeeping covered loan information private could protect businesses from unwanted public disclosure of information held by economic development agencies.
Argument againstKeeping covered information private could make it harder for residents to examine how economic development agencies manage small business loans.
More detail
Economic development agencies keep certain small business loan information exempt from public records requests. The covered information concerns how small business loan programs are run and is held by an economic development agency. The protection covers only certain information, not every record about these loans. The law takes effect upon becoming law.
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