S. 2594 · 109th Congress
Small Business Administration Reauthorization bill
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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.
D
KerrySponsor2 cosponsors · 2 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
7(a) Loan Program Reauthorization Act of 2006 - Amends the Small Business Act to reauthorize through FY2009 the Small Business Administration (SBA) loan program under section 7(a) of such Act (guaranteed general business loans to small businesses). Increases the maximum amount of individual loans.
What it does: CRS summary · Introduced in Senate · Apr 6, 2006
7(a) Loan Program Reauthorization Act of 2006 - Amends the Small Business Act to reauthorize through FY2009 the Small Business Administration (SBA) loan program under section 7(a) of such Act (guaranteed general business loans to small businesses). Increases the maximum amount of individual loans. Authorizes: (1) lower loan fees in some cases; and (2) an alternative business size standard for purposes of loan qualification.
Establishes within the SBA an Office of Minority Small Business Development, administered by the Associate Administrator for Minority Small Business Development.
Directs the SBA Administrator to establish a National Preferred Lenders Program, under which the Administrator may authorize an SBA-preferred lender to operate in any area served by a district office of the SBA and make loans to small businesses in such areas.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: 7(a) Loan Program Reauthorization Act of 2006
Latest action (Apr 6, 2006): Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: Senate · Introduced: Apr 6, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
No recorded floor vote found.