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- H.R.5198
H.R.5198: Premier Certified Lenders Program Improvement Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about economics and public finance
- Introduced July 24, 2002
- Latest Major Action July 25, 2002
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Premier Certified Lenders Program Improvement Act of 2002 - Amends the Small Business Investment Act of 1958 to make loss reserve requirements of lenders under the premier certified lenders (PCL) program inapplicable to PCLs that ensure that the amount of their loss reserve is: (1) not less than $25,000; and (2) sufficient, as determined by a third-party auditor, to protect the Government from the risk of loss associated with the PCL's...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Small Business.
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Sponsor introductory remarks on measure.
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| July 24, 2002 |
Introduced in the House by John T. Doolittle (R-Calif.) |