A bill to consolidate and modify the terms of SBA programs under sections 7(a), 7(e), 7(h), 7(i) and 7(1) of the Small Business Act and sections 501 and 502 of the Small Business Investment Act of 1958, to exempt SBA loans from the environmental impact requirements of the National Environmental Policy Act of 1969, and to limit the annual amount of SBA loans, guarantees and other obligations or commitments to the extent or amounts provided in appropriations acts.

Summary

Title I: Amendments to Small Business Administration Business Lending Authority - Amends the Small Business Act and the Small Business Investment Act of 1958 to consolidate measures governing the granting of loans by the Small Business Administration to small businesses and to State and local development companies. Increases the total amount of loans which may be made to a borrower other than a State or local development company. Repeals measures which established programs for: (1) trade adjustment loans made to assist any firm to adjust to changed economic conditions resulting from increased competition from imported articles; (2) loans for businesses made with emphasis on the preservation or establishment of small business concerns located in urban or rural areas with high proportions of unemployed or low-income individuals or owned by low-income individuals; and (3) loans for small businesses involved in solar energy, other forms of renewable energy, and energy conservation. Prohibits the application of the National Environmental Policy Act of 1969 to any agreement to make or guarantee any assistance under the Small Business Act. Eliminates certain requirements of the annual report made by the SBA to the President and the Congress.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

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

Documents

6 official files

• Passed Senate amended

  summary · EN · 2 December 1980

  Open at official source

• Reported to Senate with amendment(s)

  summary · EN · 19 September 1980

  Open at official source

• Passed House amended

  summary · EN · 28 July 1980

  Open at official source

• Reported to House with amendment(s)

  summary · EN · 27 June 1980

  Open at official source

• Reported to House amended, Part I

  summary · EN · 16 May 1980

  Open at official source

• Introduced in House

  summary · EN · 26 February 1980

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.