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- H.R.4265
H.R.4265: To direct the Administrator of the Small Business Administration to establish and carry out a direct lending program for small business concerns, and for other purposes.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about commerce
- Introduced Dec. 10, 2009
- Latest Major Action Dec. 10, 2009
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Summary
Directs the Administrator of the Small Business Administration (SBA) to establish and carry out a program of making loans directly to small businesses. Limits loan amounts to the lesser of 10% of annual business revenues or $500,000. Provides program funding from unobligated amounts available under title I (Troubled Asset Relief Program [TARP]) of the Emergency Economic Stabilization Act of 2008.
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Small Business
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Referred to the Subcommittee on Finance and Tax.
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Referred to House Financial Services
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| Dec. 10, 2009 |
Introduced in the House by John Yarmuth (D-Ky.) |