Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.1418
H.R.1418: Small Business Lending Enhancement Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced April 7, 2011
- Latest Major Action Oct. 12, 2011
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
144 (97 Democrats, 47 Republicans)
Bill Summary
Small Business Lending Enhancement Act of 2011 - Amends the Federal Credit Union Act to prohibit an insured credit union from making any member business loan that would result in the total amount of such loans outstanding at that credit union at any one time exceeding either: (1) 1.75 times the actual net worth of the credit union, or (2) 12.25% of the total assets of the credit union. Authorizes the National Credit Union Administration Board...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
|
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
|
|
|
Subcommittee Hearings Held.
|
|
| April 7, 2011 |
Introduced in the House by Edward Royce (R-Calif.) |