Small Business Opportunity Act of 2009

Summary

Small Business Opportunity Act of 2009 - Directs the Administrator of the Small Business Administration (SBA) to establish and implement a program under which the Administrator shall pay, with respect to each SBA-guaranteed small business loan entered into after the enactment of this Act, 100% of the interest due for the first year, 75% for the second year, and 50% for the third. Terminates the authority of the Administrator to make such payments at the end of the the third year following enactment of this Act.

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Timeline

1. 6 May 2009

   Referred

   Referred to the Subcommittee on Finance and Tax.

   Source: Committee

2. 6 May 2009

   Introduced

   Referred to House Small Business

   Source: IntroReferral

3. 6 May 2009

   Introduced

   Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

4. 6 May 2009

   Introduced

   Introduced in House

   Source: IntroReferral

5. 6 May 2009

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 6 May 2009 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 May 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 6 May 2009

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 6 May 2009

  Open at official source

Sponsors

• Rep. Kagen, Steve [D-WI-8] · D · Sponsor
• Rep. Edwards, Chet [D-TX-17] · D · Sponsor
• · hssm00 · Standing
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.