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H.R. 2994 · 108th Congress

To amend the Small Business Act to prohibit the Administrator of the Small Business Administration from…

Full title

To amend the Small Business Act to prohibit the Administrator of the Small Business Administration from selling loans made by the Administrator under the disaster loan program.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

Amends the Small Business Act to prohibit the Administrator of the Small Business Administration (SBA) from selling any loan made under its Disaster Loan Program, including by direct sale, by the sale of loan participations, or by including such loans in a pool of assets in the sale of asset-backed securities.

What it does: CRS summary · Introduced in House · Sep 3, 2003
Amends the Small Business Act to prohibit the Administrator of the Small Business Administration (SBA) from selling any loan made under its Disaster Loan Program, including by direct sale, by the sale of loan participations, or by including such loans in a pool of assets in the sale of asset-backed securities.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To amend the Small Business Act to prohibit the Administrator of the Small Business Administration from selling loans made by the Administrator under the disaster loan program.

Latest action (Sep 3, 2003): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: Sep 3, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.