S.1615: Next Step for Main Street Credit Availability Act of 2009

About This Bill

Bill Summary

Next Step for Main Street Credit Availability Act of 2009 - Amends the Small Business Act to increase maximum amounts of loans under the section 7(a) guaranteed loan program and the Microloan Program. Amends the Small Business Investment Act of 1958 to increase maximum amounts of loans to state and local development companies for plant acquisition, construction, conversion, and expansion. Expresses the sense of Congress that the Administrator...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Aug. 6, 2009

Introduced in the Senate by Olympia J. Snowe (R-Maine)

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