A bill to amend the Small Business Act and the Small Business Investment Act of 1958.

Summary

Amends the Small Business Act to increase the authorization for funding small businesses, State and local development companies, and small business investment companies for FY 1983 and 1984. Requires the Small Business Administration (SBA) to guarantee loans, debentures, qualified contract payments, and other types of financial assistance and to guarantee sureties against loss pursuant to programs under such Act and the Small Business Investment Act of 1958, subject only to the availability of qualified applications for such guarantees and limitations contained in appropriations Acts. Amends the Small Business Investment Act of 1958 to require that guarantees of qualified contract payments by the SBA be issued in the case of pollution control facilities or property when such property is acquired with proceeds from tax-free industrial revenue bonds. (Currently, issuance is discretionary in such cases.) Prohibits the SBA from establishing eligibility criteria for surety bond guarantees based upon the amount of the bond or upon a percentage related to previously completed contracts. Requires the SBA to examine each application for such a guarantee on a case-by-case basis in order to determine the appropriate guarantee. Amends the Small Business Act to revise the maximum interest rate on SBA loans made on a deferred basis. Requires the SBA to keep records of all applications for, or inquiries about, the availability of funding for financial assistance under the Small Business Act and for guarantees under the Small Business Investment Act of 1958. Requires the SBA to notify the Senate and House Small Business Committees before reprograming amounts authorized in appropriations Acts and before implementing any reorganization. Repeals provisions dealing with the SBA's authority to make: (1) trade adjustment loans; (2) loans to handicapped persons and organizations for the handicapped; (3) loans to small businesses located in urban or rural areas with high unemployment and low incomes or owned by low-income individuals; and (4) loans to small businesses for solar energy and energy conservation measures.

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

Timeline

1. 6 April 1982

   Introduced

   Referred to House Committee on Small Business.

   Source: IntroReferral

2. 6 April 1982

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 April 1982

   Introduced

   Introduced in House

   Source: IntroReferral

4. 7 April 1982

   Referred

   Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.

   Source: Committee

5. 28 April 1982

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 29 April 1982

   Committee

   Subcommittee Hearings Held.

   Source: Committee

7. 11 May 1982

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

8. 11 May 1982

   Reported

   Ordered to be Reported (Amended).

   Source: Committee

9. 17 May 1982

   Reported

   Reported to House (Amended) by House Committee on Small Business. Report No: 97-564.

   Source: Committee

10. 17 May 1982

    Calendars

    Placed on Union Calendar No: 351.

    Source: Calendars

11. 17 May 1982

    Reported

    Reported to House (Amended) by House Committee on Small Business. Report No: 97-564.

    Source: Committee

12. 8 June 1982

    Floor

    Laid on Table in House by Voice Vote.

    Source: Floor

13. 8 June 1982

    Passed

    Passed House (Amended) by Voice Vote.

    Source: Floor

14. 8 June 1982

    Passed

    Passed/agreed to in House: Passed House (Amended) by Voice Vote.

    Source: Floor

15. 8 June 1982

    Floor

    Called up by House Under Suspension of Rules.

    Source: Floor

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Passed House amended

  summary · EN · 8 June 1982

  Open at official source

• Reported to House with amendment(s)

  summary · EN · 17 May 1982

  Open at official source

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• Introduced in House

  summary · EN · 6 April 1982

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  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. Mitchell, Parren J. [D-MD-7] · D · Sponsor
• · hssm00 · Standing

Related records

• related to ← A bill to improve Small Business access to Federal Procurement Information.