S.665: A bill to require congressional approval of loans made by the Secretary of Transportation in excess of $1,000,000,000.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about congress
  • Introduced Feb. 16, 2007
  • Latest Major Action Feb. 16, 2007

Bill Cosponsor

Bill Summary

Prohibits the Secretary from making a loan or loans to any entity in excess of $1 billion in the aggregate over a five-year period unless the loan exceeding the limit is approved by joint resolution no later than six months after notice is provided to Congress.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Feb. 16, 2007

Introduced in the Senate by Norm Coleman (R-Minn.)

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