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- S.681
S.681: Greater Accountability in the Lending Fund Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about commerce
- Introduced March 30, 2011
- Latest Major Action March 30, 2011
Bill Sponsor
Bill Summary
Greater Accountability in the Lending Fund Act of 2011 - Amends the Small Business Jobs Act of 2010 relating to the Small Business Lending Fund Program to: (1) remove a requirement that the capital investment received by an eligible small business under the Program be evidenced by stock or other financial instrument that carries the highest dividend or interest rate payable; (2) terminate the Program 15 years after the enactment of such Act;...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
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| March 30, 2011 |
Introduced in the Senate by Olympia J. Snowe (R-Maine) |