US HB5332 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on May 18 2010 - 25% progression, died in chamber
Action: 2010-05-20 - Sponsor introductory remarks on measure. (CR H3665-3666)
Text: Latest bill text (Introduced) [PDF]

Summary

Small Business Intermediary Lending Pilot Program Act of 2010 - Establishes a three-year small business intermediary lending pilot program under which the Administrator of the Small Business Administration (SBA) may make direct loans to eligible nonprofit lending intermediaries for the purpose of making loans of up to $200,000 each to startup, newly-established, and growing small businesses. Authorizes the Administrator, under the program, to make one percent, 20-year loans of up to $3 million to up to 20 lending intermediaries.

Tracking Information

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Title

Small Business Intermediary Lending Pilot Program Act of 2010

Sponsors


History

DateChamberAction
2010-05-20 Sponsor introductory remarks on measure. (CR H3665-3666)
2010-05-18 Referred to the House Committee on Small Business.

Same As/Similar To

SB2780 (Related) 2009-11-17 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
HB5297 (Related) 2010-09-27 - Became Public Law No: 111-240.

Subjects


US Congress State Sources


Bill Comments

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