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- H.R.3380
H.R.3380: Promoting Lending to America's Small Businesses Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced July 29, 2009
- Latest Major Action July 29, 2009
Bill Sponsor
Bill Cosponsors
127 (95 Democrats, 33 Republicans)
Bill Summary
Promoting Lending to America's Small Businesses Act of 2009 - Amends the Federal Credit Union Act to increase the total permissible amount of member business loans by an insured credit union (excluding those made to nonprofit religious organizations) to a limit of 25% of the credit union's total assets. Increases from $50,000 to $250,000 the maximum total extensions of credit a borrower or associated member of an insured credit union may have...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Financial Services.
|
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July 29, 2009 |
Introduced in the House by Paul E. Kanjorski (D-Pa.) |