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United States · Bill · S

S. 2919 (111th)

Small Business Lending Enhancement Act of 2009

referredUnited States· United States Congress· EN

Introduced

21 December 2009

Last action

21 December 2009 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Udall, Mark [D-CO], Sen. Schumer, Charles E. [D-NY], Sen. Lieberman, Joseph I. [ID-CT], Sen. Snowe, Olympia J. [R-ME], Sen. Boxer, Barbara [D-CA], Sen. Collins, Susan M. [R-ME], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Bennet, Michael F. [D-CO], Sen. Sanders, Bernard [I-VT], Sen. Specter, Arlen [R-PA], Sen. Reid, Harry [D-NV], Sen. Nelson, Bill [D-FL], Sen. Wyden, Ron [D-OR], Sen. Brown, Sherrod [D-OH], Sen. Inouye, Daniel K. [D-HI]

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Small Business Lending Enhancement Act of 2009 - Amends the Federal Credit Union Act to increase the total permissible amount of member business loans by an insured credit union (excluding those made to nonprofit religious organizations) to a limit of 25% of the credit union's total assets. Increases from $50,000 to $250,000 the maximum total extensions of credit a borrower or associated member of an insured credit union may have before any extension of credit shall be considered a member business loan. Directs the National Credit Union Administration (NCUA) Board to report semiannually to Congress on the status of member business lending made by insured credit unions during the reporting period.

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

Timeline

  1. 21 December 2009

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 21 December 2009

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 21 December 2009

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 21 December 2009

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 21 December 2009

    Open at official source

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Sponsors

Related records

Sources

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