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United States · Bill · HR

H.R. 2614 (106th)

Certified Development Company Program Improvements Act of 2000

openUnited States· United States Congress· EN

Introduced

27 July 1999

Last action

31 October 2000 · Passed

Status

Conference report considered in Senate by motion. (consideration: CR S11416-11417)

Sponsors

Sen. Talent, Jim [R-MO], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Kelly, Sue W. [R-NY-19], Rep. Millender-McDonald, Juanita [D-CA-37], Rep. Hill, Rick [R-MT-At Large], Rep. Davis, Danny K. [D-IL-7], Rep. Bono, Mary [R-CA-44], Rep. Jones, Stephanie Tubbs [D-OH-11], Rep. Berkley, Shelley [D-NV-1], Rep. Napolitano, Grace F. [D-CA-32], Rep. Pascrell, Bill, Jr. [D-NJ-9], Rep. McCarthy, Carolyn [D-NY-4], Rep. Sweeney, John E. [R-NY-20], Rep. Combest, Larry [R-TX-19], Sen. DeMint, Jim [R-SC], Rep. LoBiondo, Frank A. [R-NJ-2], Rep. Baird, Brian [D-WA-3], Sen. Udall, Tom [D-NM]

Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Certified Development Company Program Improvements Act of 1999 - Amends provisions of the Small Business Investment Act of 1958 relating to the certified development company (CDC) program (a program providing loans to State or local development companies for assisting small businesses) to: (1) include within program goals the expansion of women-owned business development; (2) increase to $1 million the authorized amount of a loan from the development company to an identifiable small business; (3) terminate on or after October 1, 2003, the authority of the Small Business Administration (SBA) to charge a fee for such loans; (4) repeal the certified lenders program; and (5) provide for the sale of certain defaulted loans under the CDC program, requiring prior notice of the sale of such a loan to any CDC which has a contingent liability for such loan. Authorizes the SBA to delegate to any qualified State or local development company the authority to foreclose and liquidate defaulted loans that are guaranteed with the proceeds of debentures guaranteed by the SBA. Outlines delegation eligibility requirements and the scope of such delegation authority (all necessary liquidation and foreclosure as well as required litigation). Requires each eligible development company, before carrying out such liquidation and foreclosure, to submit a proposed liquidation plan to the SBA for approval. Provides administrative procedures with respect to the submission and approval of such plan. Authorizes the SBA to suspend or revoke any delegation authority granted for failure to comply with delegation requirements. Requires an annual report from the SBA to the congressional small business committees on the results of the delegation of authority under this section. Terminates on the effective date of final regulations implementing this section the current loan liquidation pilot program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 July 1999

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 27 July 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 July 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 29 July 1999

    Reported

    Ordered to be Reported by Voice Vote.

    Source: Committee

  5. 29 July 1999

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 2 August 1999

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  7. 2 August 1999

    Passed

    On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6789-6791)

    Source: Floor

  8. 2 August 1999

    Passed

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6789-6791)

    Source: Floor

  9. 2 August 1999

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2614.

    Source: Floor

  10. 2 August 1999

    Floor

    Considered under suspension of the rules. (consideration: CR H6789-6792)

    Source: Floor

  11. 2 August 1999

    Floor

    Mrs. Kelly moved to suspend the rules and pass the bill.

    Source: Floor

  12. 2 August 1999

    Calendars

    Placed on the Union Calendar, Calendar No. 166.

    Source: Calendars

  13. 2 August 1999

    Reported

    Reported by the Committee on Small Business. H. Rept. 106-278.

    Source: Committee

  14. 2 August 1999

    Reported

    Reported by the Committee on Small Business. H. Rept. 106-278.

    Source: Committee

  15. 3 August 1999

    Introduced

    Received in the Senate and read twice and referred to the Committee on Small Business.

    Source: IntroReferral

  16. 21 March 2000

    Reported

    Committee on Small Business. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Source: Committee

  17. 9 May 2000

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 531.

    Source: Calendars

  18. 9 May 2000

    Reported

    Committee on Small Business. Reported to Senate by Senator Bond with an amendment in the nature of a substitute. With written report No. 106-280.

    Source: Committee

  19. 9 May 2000

    Reported

    Committee on Small Business. Reported to Senate by Senator Bond with an amendment in the nature of a substitute. With written report No. 106-280.

    Source: Committee

  20. 14 June 2000

    Reported

    Measure laid before Senate. (consideration: CR S5154-5159; text of measure as reported in Senate: CR S5154-5155)

    Source: Floor

  21. 14 June 2000

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.

    Source: Floor

  22. 15 June 2000

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  23. 27 June 2000

    Passed

    House agreed to Senate amendment with an amendment pursuant to H. Res. 533. (consideration: CR H5190-5194)

    Source: Floor

  24. 27 June 2000

    Passed

    Resolving differences -- House actions: House agreed to Senate amendment with an amendment pursuant to H. Res. 533.(consideration: CR H5190-5194)

    Source: NotUsed

  25. 28 June 2000

    Floor

    Message on House action received in Senate and at desk: House amendment to Senate amendment.

    Source: Floor

  26. 25 July 2000

    Passed

    Senate disagreed to House amendment requested conference and appointed conferees. Bond, Burns and Kerry. (consideration: CR S7574-7575; text as Senate disagreed to House amendment: CR S7574-7575)

    Source: ResolvingDifferences

  27. 26 July 2000

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  28. 11 October 2000

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  29. 11 October 2000

    ResolvingDifferences

    The Speaker appointed conferees: Talent, Armey, and Velazquez.

    Source: ResolvingDifferences

  30. 11 October 2000

    Passed

    On motion that the House insist upon its amendment to the Senate amendment, and agree to a conference Agreed to without objection. (consideration: CR H9796)

    Source: ResolvingDifferences

  31. 11 October 2000

    ResolvingDifferences

    Mrs. Kelly asked unanimous consent that the House insist upon its amendment to the Senate amendment, and agree to a conference.

    Source: ResolvingDifferences

  32. 26 October 2000

    Passed

    Conferees agreed to file conference report.

    Source: ResolvingDifferences

  33. 26 October 2000

    Vote

    Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 55 - 40. Record Vote Number: 286. (consideration: CR S11097-11098)

    Source: Floor

  34. 26 October 2000

    Vote

    On agreeing to the conference report Agreed to by the Yeas and Nays: 237 - 174, 1 Present (Roll no. 560). (consideration: CR H11243-11264)

    Source: ResolvingDifferences

  35. 26 October 2000

    Passed

    Motions to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  36. 26 October 2000

    Vote

    Conference report agreed to in House: On agreeing to the conference report Agreed to by the Yeas and Nays: 237 - 174, 1 Present (Roll no. 560).(consideration: CR H11243-11264)

    Source: ResolvingDifferences

  37. 26 October 2000

    ResolvingDifferences

    The previous question was ordered without objection.

    Source: ResolvingDifferences

  38. 26 October 2000

    Floor

    DEBATE - The House proceeded with one hour of debate on the conference report on H.R. 2614.

    Source: Floor

  39. 26 October 2000

    ResolvingDifferences

    Mr. Talent brought up conference report H. Rept. 106-1004 for consideration under the provisions of H. Res. 652.

    Source: ResolvingDifferences

  40. 26 October 2000

    Passed

    Rule H. Res. 652 passed House.

    Source: Floor

  41. 26 October 2000

    Passed

    Conference committee actions: Conferees agreed to file conference report.

    Source: ResolvingDifferences

  42. 26 October 2000

    Reported

    Rules Committee Resolution H. Res. 652 Reported to House. Rule provides for consideration of the conference report to H.R. 2614 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Waives points of order against the conference report and against its consideration.

    Source: Floor

  43. 26 October 2000

    ResolvingDifferences

    Conference report H. Rept. 106-1004 filed. (text of conference report: CR 10/25/2000 H10909-11188)

    Source: ResolvingDifferences

  44. 26 October 2000

    ResolvingDifferences

    Conference report filed: Conference report H. Rept. 106-1004 filed.(text of conference report: CR 10/25/2000 H10909-11188)

    Source: ResolvingDifferences

  45. 31 October 2000

    ResolvingDifferences

    Conference report considered in Senate by motion. (consideration: CR S11416-11417)

    Source: ResolvingDifferences

  46. 31 October 2000

    Passed

    Motion to proceed to consideration of conference report to accompany H.R. 2614 agreed to by Unanimous Consent.

    Source: Floor

Votes

26 October 2000 · Motion to Proceed Agreed to · On the Motion to Proceed H.R. 2614 · Motion to Proceed Agreed to · Official source

Yes 55 · No 40 · Abstain — · Absent/not voting 5

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

14 official files

Engrossed Amendment Senate (text)

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  • Conference report filed in House

    summary · EN · 26 October 2000

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  • Engrossed Amendment Senate (text)

    Engrossed Amendment Senate · EN · 14 June 2000

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  • Engrossed Amendment Senate (PDF)

    Engrossed Amendment Senate · EN · 14 June 2000

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  • Reported to Senate (text)

    Reported to Senate · EN · 9 May 2000

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  • Reported to Senate (PDF)

    Reported to Senate · EN · 9 May 2000

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  • Referred in Senate (text)

    Referred in Senate · EN · 3 August 1999

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 3 August 1999

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  • Reported in House (text)

    Reported in House · EN · 2 August 1999

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  • Reported in House (PDF)

    Reported in House · EN · 2 August 1999

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  • Engrossed in House (text)

    Engrossed in House · EN · 2 August 1999

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 2 August 1999

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  • Introduced in House (text)

    Introduced in House · EN · 27 July 1999

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  • Introduced in House (PDF)

    Introduced in House · EN · 27 July 1999

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  • Introduced in House

    summary · EN · 27 July 1999

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