H.R.1086: Small Business Loan Securitization and Secondary Market Enhancement Act of 1993

About This Bill

  • This bill was introduced in the 103rd Congress
  • This bill is primarily about finance and financial sector
  • Introduced Feb. 24, 1993
  • Latest Major Action Sept. 28, 1994

Bill Summary

Small Business Loan Securitization and Secondary Market Enhancement Act of 1993 - Amends the Securities Exchange Act of 1934 to define a "small business related security" (SBRS) as generally a high rated security that represents and is secured by promissory notes evidencing, and that provides for payments of principal in relation to payments on the notes. Provides that SBRSs shall be exempt from: (1) certain restrictions in the margin and...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the House Committee on Education and Labor.
Referred to the House Committee on Energy and Commerce.
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Telecommunications and Finance.
Referred to the Subcommittee on Labor-Management Relations.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.
Referred to the Subcommittee on Economic Growth and Credit Formation.
See H.R.5110.
Feb. 24, 1993

Introduced in the House by Richard Hugh Baker (R-La.)

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