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- H.R.5551
H.R.5551: To require the Secretary of the Treasury to make a certification when making purchases under the Small Business Lending Fund Program.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about commerce
- Introduced June 17, 2010
- Latest Major Action June 25, 2010
Bill Sponsor
Bill Cosponsor
Bill Summary
Requires the Secretary of the Treasury, before making a first purchase (including a commitment to purchase) under the Small Business Lending Fund Program under the Small Business Jobs and Credit Act of 2010, to certify under oath to the Inspector General of the Department of the Treasury that the purchase-decision process has been designed so that each purchase decision is made solely on the basis of economic fundamentals and not because of...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Financial Services.
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Ms. Kosmas moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 5551.
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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.
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Considered as unfinished business.
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On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 0 (Roll no. 379).
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 443.
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| June 17, 2010 |
Introduced in the House by Suzanne M. Kosmas (D-Fla.) |