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United States · Bill · HR

H.R. 7297 (96th)

A bill to amend the Small Business Investment Act of 1958 to provide for the investment of temporarily unneeded funds, to modify the authority of the Small Business Administration regarding financing, and to statutorily establish the eligibility of Asian Pacific Americans to participate in programs under section 8(a) of the Small Business Act.

passedUnited States· United States Congress· EN

Introduced

7 May 1980

Last action

3 June 1980 · Passed

Status

Measure laid on table in House, S. 2698 passed in lieu.

Sponsors

Rep. Smith, Neal Edward [D-IA-4], Rep. Steed, Tom [D-OK-4], Rep. Corman, James C. [D-CA-21], Rep. Addabbo, Joseph P. [D-NY-6], Rep. St Germain, Fernand J. [D-RI-1], Rep. Mitchell, Parren J. [D-MD-7], Rep. LaFalce, John J. [D-NY-29], Rep. Bedell, Berkley W. [D-IA-6], Rep. Richmond, Frederick W. [D-NY-14], Rep. Baldus, Alvin J. [D-WI-3], Rep. Nolan, Richard M. [D-MN-8], Rep. Nowak, Henry [D-NY-33], Rep. Ireland, Andrew P. [R-FL-10], Rep. Kildee, Dale E. [D-MI-5], Rep. Evans, Billy Lee [D-GA-8], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Leach, Claude (Buddy), Jr. [D-LA-4], Rep. Hall, Tony P. [D-OH-3], Rep. Spellman, Gladys Noon [D-MD-5], Rep. Conte, Silvio O. [R-MA-1], Rep. Bereuter, Doug [R-NE-1], Rep. Hanley, James M. [D-NY-32], Rep. Luken, Thomas A. [D-OH-1], Sen. Snowe, Olympia J. [R-ME], Sen. Quayle, Dan [R-IN], Rep. Tauke, Thomas Joseph [R-IA-2]

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Small Business Investment Act of 1958 to transfer the authority to invest moneys in federally-guaranteed bonds from the (Treasury) surety bond fund to the (Treasury) qualified contract fund. Amends the Small Business Act to authorize the Administrator of the Small Business Administration to delegate certain responsibilities respecting deferred participation loans to participating lending institutions, including eligibility determination, loan monitoring, collection, and liquidation. Includes "Asian Pacific Americans" within the definition of socially disadvantaged groups for purposes of such Act.

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

Timeline

  1. 7 May 1980

    Introduced

    Referred to House Committee on Small Business.

    Source: IntroReferral

  2. 7 May 1980

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 7 May 1980

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 May 1980

    Reported

    Reported to House from the Committee on Small Business, H. Rept. 96-998.

    Source: Committee

  5. 16 May 1980

    Reported

    Reported to House from the Committee on Small Business, H. Rept. 96-998.

    Source: Committee

  6. 3 June 1980

    Floor

    Measure called up under motion to suspend rules and pass in House.

    Source: Floor

  7. 3 June 1980

    Passed

    Measure passed House.

    Source: Floor

  8. 3 June 1980

    Passed

    Passed/agreed to in House: Measure passed House.

    Source: Floor

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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