Microloan Program Technical Corrections Act of 1999

Summary

Microloan Program Technical Corrections Act of 1999 - Amends provisions of the Small Business Act relating to the Microloan Program (a program making loans to small businesses for startup or materials and equipment costs) to: (1) delete provisions restricting the amount of loan funds made available to any single State and require the Small Business Administration (SBA) to ensure that at least $800,000 of new loan funds are available to each State in any fiscal year; (2) revise the loan loss reserve fund levels required of loan intermediaries; (3) direct the SBA Administrator, after the first five years of an intermediary's participation in the Program, to review the annual loss rate of such intermediary; and (4) authorize the Administrator, under certain circumstances, to reduce the annual loan loss reserve requirement to reflect the average annual loan loss rate of an intermediary, except that no loan loss reserve shall be reduced to less than ten percent of the outstanding balance of the notes receivable owed to the intermediary.

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

Timeline

1. 2 February 1999

   Introduced

   Referred to the House Committee on Small Business.

   Source: IntroReferral

2. 2 February 1999

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 February 1999

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 February 1999

   Calendars

   Placed on the Union Calendar, Calendar No. 10.

   Source: Calendars

5. 8 February 1999

   Reported

   Reported by the Committee on Small Business. H. Rept. 106-12.

   Source: Committee

6. 8 February 1999

   Reported

   Reported by the Committee on Small Business. H. Rept. 106-12.

   Source: Committee

7. 8 February 1999

   Reported

   Ordered to be Reported by Voice Vote.

   Source: Committee

8. 8 February 1999

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

9. 9 February 1999

   Passed

   Motion to reconsider laid on the table Agreed to without objection.

   Source: Floor

10. 9 February 1999

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 4 (Roll no. 12). (text: CR H492)

    Source: Floor

11. 9 February 1999

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 4 (Roll no. 12).(text: CR H492)

    Source: Floor

12. 9 February 1999

    Floor

    Considered under suspension of the rules. (consideration: CR H492-494)

    Source: Floor

13. 9 February 1999

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

14. 9 February 1999

    Floor

    DEBATE - The House proceeded with forty minutes of debate.

    Source: Floor

15. 9 February 1999

    Floor

    Mr. Talent moved to suspend the rules and pass the bill, as amended.

    Source: Floor

16. 11 February 1999

    Introduced

    Received in the Senate.

    Source: IntroReferral

17. 22 February 1999

    Introduced

    Read twice and referred to the Committee on Small Business.

    Source: IntroReferral

18. 25 March 1999

    Floor

    Measure laid before Senate by unanimous consent. (consideration: CR S3554-3566)

    Source: Floor

19. 25 March 1999

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(consideration: CR S3554-3566)

    Source: Floor

20. 25 March 1999

    Discharge

    Senate Committee on Small Business discharged by Unanimous Consent.

    Source: Discharge

21. 25 March 1999

    Committee

    Senate Committee on Small Business discharged by Unanimous Consent.

    Source: Committee

22. 12 April 1999

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

23. 12 April 1999

    Passed

    On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (consideration: CR H1817-1818; text: CR H1817-1818)

    Source: ResolvingDifferences

24. 12 April 1999

    Passed

    Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.(consideration: CR H1817-1818; text: CR H1817-1818)

    Source: NotUsed

25. 12 April 1999

    Floor

    The House proceeded with forty minutes of debate on the Senate amendment to H.R. 440.

    Source: Floor

26. 12 April 1999

    ResolvingDifferences

    Mr. Pease moved that the House suspend the rules and agree to the Senate amendment.

    Source: ResolvingDifferences

27. 12 April 1999

    Floor

    Message on Senate action sent to the House.

    Source: Floor

28. 15 April 1999

    Floor

    Presented to President.

    Source: Floor

29. 15 April 1999

    President

    Presented to President.

    Source: President

30. 27 April 1999

    Became law

    Became Public Law No: 106-22.

    Source: President

31. 27 April 1999

    Became law

    Signed by President.

    Source: BecameLaw

32. 27 April 1999

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

• Enrolled Bill · undated · Official file
• Public Law · 27 April 1999 · Official file
• Engrossed Amendment Senate · 25 March 1999 · Official file
• Referred in Senate · 22 February 1999 · Official file
• Engrossed in House · 9 February 1999 · Official file
• Reported in House · 8 February 1999 · Official file
• Introduced in House · 2 February 1999 · Official file

Documents

17 official files

• Enrolled Bill (text)

  Enrolled Bill · EN

  ViewDownloadOpen at official source

• Enrolled Bill (PDF)

  Enrolled Bill · EN

  ViewDownloadOpen at official source

• Public Law (text)

  Public Law · EN · 27 April 1999

  ViewDownloadOpen at official source

• Public Law (PDF)

  Public Law · EN · 27 April 1999

  ViewDownloadOpen at official source

• Engrossed Amendment Senate (text)

  Engrossed Amendment Senate · EN · 25 March 1999

  ViewDownloadOpen at official source

• Engrossed Amendment Senate (PDF)

  Engrossed Amendment Senate · EN · 25 March 1999

  ViewDownloadOpen at official source

• Passed Senate amended

  summary · EN · 25 March 1999

  Open at official source

• Referred in Senate (text)

  Referred in Senate · EN · 22 February 1999

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 22 February 1999

  ViewDownloadOpen at official source

• Engrossed in House (text)

  Engrossed in House · EN · 9 February 1999

  ViewDownloadOpen at official source

• Engrossed in House (PDF)

  Engrossed in House · EN · 9 February 1999

  ViewDownloadOpen at official source

• Passed House amended

  summary · EN · 9 February 1999

  Open at official source

• Reported in House (text)

  Reported in House · EN · 8 February 1999

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 8 February 1999

  ViewDownloadOpen at official source

• Introduced in House (text)

  Introduced in House · EN · 2 February 1999

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 2 February 1999

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 2 February 1999

  Open at official source

Sponsors

• Sen. Talent, Jim [R-MO] · R · Sponsor
• Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
• Bill Pascrell · D · Sponsor
• Rep. Schakowsky, Janice D. [D-IL-9] · D · Sponsor
• · sssb00 · Standing
• · hssm00 · Standing

Related records

No cross-record relationships stored yet.