To direct the Administrator of the Small Business Administration to establish and carry out a direct lending program for small business concerns, and for other purposes.

Summary

Directs the Administrator of the Small Business Administration (SBA) to establish and carry out a program of making loans directly to small businesses. Limits loan amounts to the lesser of 10% of annual business revenues or $500,000. Provides program funding from unobligated amounts available under title I (Troubled Asset Relief Program [TARP]) of the Emergency Economic Stabilization Act of 2008.

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

Timeline

1. 10 December 2009

   Referred

   Referred to the Subcommittee on Finance and Tax.

   Source: Committee

2. 10 December 2009

   Introduced

   Referred to House Small Business

   Source: IntroReferral

3. 10 December 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. 10 December 2009

   Introduced

   Introduced in House

   Source: IntroReferral

5. 10 December 2009

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 10 December 2009 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 December 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 10 December 2009

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 10 December 2009

  Open at official source

  Leesvertaling

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Yarmuth, John A. [D-KY-3] · D · Sponsor
• Sen. Welch, Peter [D-VT] · D · Cosponsor
• Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
• Rep. Courtney, Joe [D-CT-2] · D · Cosponsor
• Rep. Sutton, Betty [D-OH-13] · D · Cosponsor
• · hssm00 · Standing
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.