H.R. 5971 · 109th Congress
HIT for Small Business Health Care Providers Act of 2006
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
HIT for Small Business Health Care Providers Act of 2006 - Instructs the Administrator of the Small Business Administration (SBA) to ensure that a portion of certain loan amounts secured by the SBA under the Microloan program and under the 504 loan program (which finances small business concerns through loan guarantees under the Small Business Investment…
What it does: CRS summary · Introduced in House · Jul 28, 2006
HIT for Small Business Health Care Providers Act of 2006 - Instructs the Administrator of the Small Business Administration (SBA) to ensure that a portion of certain loan amounts secured by the SBA under the Microloan program and under the 504 loan program (which finances small business concerns through loan guarantees under the Small Business Investment Act of 1958), respectively, are secured by certain guarantees.
Includes among the guarantee requirements that: (1) the purpose of the guarantee is to help a small business acquire capital for the purchase of materials relating to health information technology; and (2) purchase of materials is made pursuant to a plan certified by the Certification Commission for Healthcare Information Technology.
Requires the SBA Inspector General to review periodically a representative sample of such guaranteed loans in order to mitigate fraud and to ensure the safety and soundness of the program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: HIT for Small Business Health Care Providers Act of 2006
Latest action (Jul 28, 2006): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Jul 28, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.