US HB5277 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 11 2010 - 25% progression, died in committee
Action: 2010-05-11 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 11 2010 - 25% progression, died in committee
Action: 2010-05-11 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business Lending Incentive Program Act of 2010 - Amends the Internal Revenue Code to allow certain small banks a business-related tax credit for 1% of the total amount of loans made to small business concerns. Limits the amount of any such small business loan to $500,000, and limits to 20 the number of such loans a bank may include in the calculation of its credit in any taxable year. Terminates such credit two years after the enactment of this Act.
Title
Small Business Lending Incentive Program Act of 2010
Sponsors
| Rep. Charles Wilson [D-OH] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-05-11 | Referred to the House Committee on Ways and Means. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/5277/all-info |
| Text | https://www.congress.gov/111/bills/hr5277/BILLS-111hr5277ih.pdf |
