H.R. 3483 · 108th Congress
Seeds for Soldiers Act
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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.
D
UdallSponsor16 cosponsors · 15 D, 1 R
D
Kilpatrick
CSD
Stenholm
MU
D
Udall
PV
D
Visclosky
RB
D
Boucher
SB
D
Brown
CB
D
Bell
MB
D
Bordallo
DC
D
Christensen
RG
D
Grijalva
AH
D
Hastings
FP
D
Pallone
CR
D
Rodriguez
MSD
Sandlin1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Seeds for Soldiers Act - Authorizes the Administrator of the Small Business Administration (SBA), using loan authority under the Small Business Act, to make loans to small businesses owned and controlled by veterans. Allows such loans to be made for any business purpose, including the refinancing of outstanding business debt.
What it does: CRS summary · Introduced in House · Nov 7, 2003
Seeds for Soldiers Act - Authorizes the Administrator of the Small Business Administration (SBA), using loan authority under the Small Business Act, to make loans to small businesses owned and controlled by veterans. Allows such loans to be made for any business purpose, including the refinancing of outstanding business debt. Defers loan principal payments for one year after loan issuance. Prohibits the total amount outstanding and committed to a borrower from exceeding $3 million. Provides conditions under which the Administrator may participate in SBA-guaranteed loans to such businesses, including collection of a loan guarantee fee. Terminates the loan authority at the end of 2005.
Directs the Administrator to make grants to small business development centers to enable such centers to provide to veterans a program of assistance that includes training in a vocational or technical trade and entrepreneurial assistance in establishing and operating a small business that provides services in such trade. Provides a minimum grant amount of $500,000.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Seeds for Soldiers Act
Latest action (Nov 7, 2003): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Nov 7, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.