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United States · Bill · HR

H.R. 5412 (111th)

Small Business Asset Investment and Modernization (AIM) Act of 2010

referredUnited States· United States Congress· EN

Introduced

26 May 2010

Last action

26 May 2010 · Introduced

Status

Referred to the House Committee on Small Business.

Sponsors

Rep. Bean, Melissa L. [D-IL-8], Rep. Dahlkemper, Kathleen A. [D-PA-3], Sen. Peters, Gary C. [D-MI], Rep. Murphy, Scott [D-NY-20], Rep. Quigley, Mike [D-IL-5], Rep. Bright, Bobby [D-AL-2], Rep. Markey, Betsy [D-CO-4], Rep. Michaud, Michael H. [D-ME-2], Rep. Lipinski, Daniel [D-IL-3], Rep. Ellsworth, Brad [D-IN-8], Rep. Polis, Jared [D-CO-2], Rep. Cooper, Jim [D-TN-5], Rep. Klein, Ron [D-FL-22], Rep. Moore, Dennis [D-KS-3], Rep. Hill, Baron P. [D-IN-9], Sen. Welch, Peter [D-VT], Rep. Halvorson, Deborah L. [D-IL-11], Rep. Holden, Tim [D-PA-17], Rep. Loebsack, David [D-IA-2], Rep. Hodes, Paul W. [D-NH-2], Rep. Brown-Waite, Ginny [R-FL-5], Rep. Filner, Bob [D-CA-51], Rep. Sánchez, Linda T. [D-CA-38], Rep. Himes, James A. [D-CT-4], Rep. Carnahan, Russ [D-MO-3]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Small Business Asset Investment and Modernization (AIM) Act of 2010 - Amends the Small Business Investment Act of 1958 concerning the 504 program (Small Business Administration [SBA] financings to small businesses through certified development companies) to increase maximum program loan amounts. Authorizes the Administrator of the SBA, from the date of enactment of this Act through FY2012, to approve under such program the refinancing of indebtedness that is secured by a lien on commercial real estate or equipment of a small business, under specified terms and conditions. Limits to $7.5 billion the total amount of such financing in a fiscal year. Authorizes the Administrator, in order to carry out such program, to make personnel appointments of at least one year and not more than six years. Allows the Administrator to eliminate the pension offset for the reemployment of retired federal employees for such purposes.

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

Timeline

  1. 26 May 2010

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 26 May 2010

    Introduced

    Sponsor introductory remarks on measure. (CR H3842-3843)

    Source: IntroReferral

  3. 26 May 2010

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 26 May 2010

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 26 May 2010

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 26 May 2010

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 26 May 2010

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Sponsors

Related records

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Sources

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