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United States · Bill · HR

H.R. 3737 (111th)

Small Business Microlending Expansion Act of 2009

referredUnited States· United States Congress· EN

Introduced

7 October 2009

Last action

9 November 2009 · Introduced

Status

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

Sponsors

Rep. Ellsworth, Brad [D-IN-8], Rep. Hinojosa, Ruben [D-TX-15], Sen. Welch, Peter [D-VT]

Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Small Business Microlending Expansion Act of 2009 - Amends the Small Business Act with respect to the Small Business Administration (SBA) Microloan program (small-scale loans to start-up, newly established, or growing small businesses for working capital or the acquisition of materials, supplies, or equipment) to: (1) direct the SBA Administrator to establish a process under which an intermediary making a Microloan loan provides relevant borrower information to the major credit reporting agencies; (2) remove the requirement that such loans be short-term only; (3) provide increased intermediary eligibility for program participation; (4) increase intermediary borrowing limits; and (5) increase the maximum loan amount to a small business borrower that will qualify for a reduced interest rate from the intermediary. Directs the Administrator to submit annually to the congressional small business committees specified information with respect to the Microloan program.

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

Timeline

  1. 7 October 2009

    Referred

    Referred to the Subcommittee on Finance and Tax.

    Source: Committee

  2. 7 October 2009

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  3. 7 October 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 7 October 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 8 October 2009

    Committee

    Forwarded by Subcommittee to Full Committee by Voice Vote .

    Source: Committee

  6. 8 October 2009

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

  7. 21 October 2009

    Committee

    Provisions of Measure Incorporated into H.R. 3854.

    Source: Committee

  8. 6 November 2009

    Floor

    At the conclusion of debate, the chair put the question on the motion to suspend the rules. Ms. Velazquez objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.

    Source: Floor

  9. 6 November 2009

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3737.

    Source: Floor

  10. 6 November 2009

    Floor

    Considered under suspension of the rules. (consideration: CR H12466-12469)

    Source: Floor

  11. 6 November 2009

    Floor

    Ms. Velazquez moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  12. 7 November 2009

    Passed

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

    Source: Floor

  13. 7 November 2009

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 23 (Roll no. 876). (text: CR 11/6/2009 H12466-12467)

    Source: Floor

  14. 7 November 2009

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 23 (Roll no. 876).(text: CR 11/6/2009 H12466-12467)

    Source: Floor

  15. 7 November 2009

    Floor

    Considered as unfinished business. (consideration: CR H12594-12595)

    Source: Floor

  16. 9 November 2009

    Introduced

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

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

8 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 9 November 2009

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 9 November 2009

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  • Engrossed in House (text)

    Engrossed in House · EN · 7 November 2009

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 7 November 2009

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  • Passed House amended

    summary · EN · 7 November 2009

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  • Introduced in House (text)

    Introduced in House · EN · 7 October 2009

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  • Introduced in House (PDF)

    Introduced in House · EN · 7 October 2009

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  • Introduced in House

    summary · EN · 7 October 2009

    Open at official source

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Sponsors

Related records

Sources

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