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- S.2919
S.2919: Small Business Lending Enhancement Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Dec. 21, 2009
- Latest Major Action Dec. 21, 2009
Bill Sponsor
Bill Cosponsors
16 (11 Democrats, 2 Independent Democrats, 3 Republicans)
Bill Summary
Small Business Lending Enhancement 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 before any...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| Dec. 21, 2009 |
Introduced in the Senate by Mark Udall (D-Colo.) |