H.R.2235: Small Business Microloan Program Improvement Act

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about economics and public finance
  • Introduced July 24, 1997
  • Latest Major Action July 24, 1997

Bill Summary

Small Business Microloan Program Improvement Act - Amends the Small Business Act to: (1) increase from $2.5 million to $3.5 million the individual loan limit under the Microloan Demonstration Program (a program providing assistance to women, low-income, and other underprivileged and minority businesses); (2) revise loan loss reserve fund requirements for Program intermediaries; and (3) extend through FY 2000 the authorization of appropriations...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Small Business.
July 24, 1997

Introduced in the House by John Baldacci (D-Maine)

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