United States · Bill · S
S. 2919 (111th)
Small Business Lending Enhancement Act of 2009
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], Charles Schumer, Sen. Lieberman, Joseph I. [D-CT], Rep. Snowe, Olympia J. [R-ME-2], Rep. Boxer, Barbara [D-CA-6], Susan Collins, Kirsten Gillibrand, Michael Bennet, Bernie Sanders, Sen. Specter, Arlen [R-PA], Sen. Reid, Harry [D-NV], Rep. Nelson, Bill [D-FL-11], Ron Wyden, 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
21 December 2009
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
21 December 2009
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 21 December 2009 · Official file
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 21 December 2009
Introduced in Senate (PDF)
Introduced in Senate · EN · 21 December 2009
Introduced in Senate
summary · EN · 21 December 2009
Sponsors
- Sen. Udall, Mark [D-CO] · D · Sponsor
- Charles Schumer · D · Sponsor
- Sen. Lieberman, Joseph I. [D-CT] · ID · Sponsor
- Rep. Snowe, Olympia J. [R-ME-2] · R · Sponsor
- Rep. Boxer, Barbara [D-CA-6] · D · Sponsor
- Susan Collins · R · Sponsor
- Kirsten Gillibrand · D · Sponsor
- Michael Bennet · D · Cosponsor
- Bernie Sanders · I · Cosponsor
- Sen. Specter, Arlen [R-PA] · D · Cosponsor
- Sen. Reid, Harry [D-NV] · D · Cosponsor
- Rep. Nelson, Bill [D-FL-11] · D · Cosponsor
- Ron Wyden · D · Cosponsor
- Sen. Brown, Sherrod [D-OH] · D · Cosponsor
- Sen. Inouye, Daniel K. [D-HI] · D · Cosponsor
- · ssbk00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/senate-bill/2919
- Open data entity: https://api.congress.gov/v3/bill/111/s/2919
- us · 111-s-2919 · source updated 14 August 2025