H.R.923: Premier Certified Lenders Program Improvement Act of 2004

About This Bill

Bill Summary

Premier Certified Lenders Program Improvement Act of 2003 - Amends the Small Business Investment Act of 1958 to direct the Administrator of the Small Business Administration (SBA) to allow a certified development company to withdraw from its loss reserve amounts in excess of one percent of the aggregate outstanding balances of debentures to which such loss reserve relates (with an exception). Makes loss reserve requirements of lenders under...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.923.

Bill Actions

Date Description
Referred to the House Committee on Small Business.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Small Business. H. Rept. 108-153.
Placed on the Union Calendar, Calendar No. 75.
Mr. Manzullo moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 923.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business.
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 416 - 3 (Roll no. 303).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
Passed Senate without amendment by Unanimous Consent.
Cleared for White House.
Message on Senate action sent to the House.
Presented to President.
Signed by President.
Became Public Law No: 108-232.
Feb. 26, 2003

Introduced in the House by John T. Doolittle (R-Calif.)

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