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United States · Bill · HR

H.R. 4598 (111th)

Express Loans Improvements Act of 2010

referredUnited States· United States Congress· EN

Introduced

4 February 2010

Last action

4 February 2010 · Introduced

Status

Referred to the Subcommittee on Finance and Tax.

Sponsors

Rep. Dahlkemper, Kathleen A. [D-PA-3], Rep. Bean, Melissa L. [D-IL-8], Rep. Pomeroy, Earl [D-ND-At Large], Sen. Welch, Peter [D-VT], Rep. Altmire, Jason [D-PA-4], Rep. Kosmas, Suzanne M. [D-FL-24], Rep. Ryan, Tim [D-OH-13], Rep. Schrader, Kurt [D-OR-5], Rep. Bright, Bobby [D-AL-2], Rep. Schwartz, Allyson Y. [D-PA-13], Rep. Driehaus, Steve [D-OH-1], Sen. Peters, Gary C. [D-MI], Rep. Richardson, Laura [D-CA-37], Rep. Klein, Ron [D-FL-22], Rep. Wasserman Schultz, Debbie [D-FL-25], Rep. Grayson, Alan [D-FL-9], Rep. McMahon, Michael E. [D-NY-13], Sen. Donnelly, Joe [D-IN], Rep. Shuster, Bill [R-PA-9], Rep. Lance, Leonard [R-NJ-7], Rep. Carnahan, Russ [D-MO-3], Rep. Lipinski, Daniel [D-IL-3], Rep. Green, Al [D-TX-9], Rep. Lee, Christopher J. [R-NY-26], Rep. Childers, Travis [D-MS-1], Rep. Holden, Tim [D-PA-17], Rep. Fattah, Chaka [D-PA-2], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Kagen, Steve [D-WI-8], Rep. Platts, Todd Russell [R-PA-19], Rep. Pingree, Chellie [D-ME-1], Rep. Adler, John H. [D-NJ-3], Rep. Johnson, Henry C. "Hank" [D-GA-4], Rep. Sutton, Betty [D-OH-13], Rep. Fudge, Marcia L. [D-OH-11], Rep. Ehlers, Vernon J. [R-MI-3], Rep. Costa, Jim [D-CA-21], Rep. Perlmutter, Ed [D-CO-7], Sen. Luján, Ben Ray [D-NM], Rep. Kilroy, Mary Jo [D-OH-15], Rep. Markey, Betsy [D-CO-4], Rep. Hastings, Alcee L. [D-FL-20], Rep. Murphy, Patrick J. [D-PA-8], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Murphy, Scott [D-NY-20], Rep. Schauer, Mark H. [D-MI-7], Rep. Thompson, Glenn [R-PA-15], Del. Bordallo, Madeleine Z. [D-GU-At Large]

Subjects

Discovery layer

Source updated

14 August 2025

Official sourceDownload fileView documentsShare

Summary

Express Loans Improvements Act of 2009 - Amends provisions of the Small Business Act relating to the Express Loan Program (Program) to: (1) increase (for a two-year period) from 50% to 75% the maximum percentage of Program loans that may be guaranteed by the Small Business Administration (SBA); (2) make such percentage 60% after such two-year period; and (3) increase from $350,000 to $1 million the maximum Program loan amount. Directs the SBA Administrator to: (1) issue regulations with respect to Program loan and lender eligibility and collateral requirements that minimize federal risk of loss; and (2) report annually to the congressional small business committees describing Program implementation, including actions taken to reduce default rates.

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

Timeline

  1. 4 February 2010

    Referred

    Referred to the Subcommittee on Finance and Tax.

    Source: Committee

  2. 4 February 2010

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  3. 4 February 2010

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 4 February 2010

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 4 February 2010

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  • Introduced in House (PDF)

    Introduced in House · EN · 4 February 2010

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  • Introduced in House

    summary · EN · 4 February 2010

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Sponsors

Showing 48 of 62 sponsors and actors.

Related records

Sources

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