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- S.2231
S.2231: Small Business Lending Enhancement Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced March 22, 2012
- Latest Major Action March 26, 2012
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
21 (16 Democrats, 1 Independent, 1 Independent Democrat, 3 Republicans)
Bill Summary
Small Business Lending Enhancement Act of 2012 - 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)
Bill Actions
Date | Description |
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Introduced 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. 340.
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March 22, 2012 |
Introduced in the Senate by Mark Udall (D-Colo.) |