US HB4938 | 2009-2010 | 111th Congress
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 26 2010 - 100% progression
Action: 2010-03-26 - Became Public Law No: 111-150.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 26 2010 - 100% progression
Action: 2010-03-26 - Became Public Law No: 111-150.
Text: Latest bill text (Enrolled) [PDF]
Summary
Makes up to $40 million of funds appropriated for the business loan program of the Small Business Administration (SBA) under the Consolidated Appropriations Act, 2010 available for small business loan fee reductions and eliminations and the cost of guaranteed loans authorized under the American Recovery and Reinvestment Act of 2009 (ARRA). Amends ARRA to extend from March 28, 2010, through April 30, 2010, the authority of the SBA to guarantee up to 90% of qualifying small business loans made by eligible lenders under the Small Business Act or the Small Business Investment Act of 1958.
Title
To permit the use of previously appropriated funds to extend the Small Business Loan Guarantee Program, and for other purposes.
Sponsors
Rep. Jose Serrano [D-NY] |
History
Date | Chamber | Action |
---|---|---|
2010-03-26 | Became Public Law No: 111-150. | |
2010-03-26 | Signed by President. | |
2010-03-26 | Presented to President. | |
2010-03-25 | Cleared for White House. | |
2010-03-25 | Message on Senate action sent to the House. | |
2010-03-25 | Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S2105) | |
2010-03-25 | Motion to reconsider laid on the table Agreed to without objection. | |
2010-03-25 | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2414-2415) | |
2010-03-25 | DEBATE - The House proceeded with forty minutes of debate on H.R. 4938. | |
2010-03-25 | Considered under suspension of the rules. (consideration: CR H2414-2416) | |
2010-03-25 | Mr. Serrano moved to suspend the rules and pass the bill. | |
2010-03-25 | Referred to the House Committee on Small Business. |