H.R. 5734 · 111th Congress
Dealer Floor Plan Program Extension and Improvement Act of 2010
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DonnellySponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Dealer Floor Plan Program Extension and Improvement Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to: (1) carry out a program to make SBA loan guarantees to assist dealers of titleable assets to finance inventory; (2) carry out such program in the same manner as the SBA's dealer floor plan pilot initiative; and (3) issue…
What it does: CRS summary · Introduced in House · Jul 14, 2010
Dealer Floor Plan Program Extension and Improvement Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to: (1) carry out a program to make SBA loan guarantees to assist dealers of titleable assets to finance inventory; (2) carry out such program in the same manner as the SBA's dealer floor plan pilot initiative; and (3) issue regulations revising the program to address barriers to program participation experienced by lending institutions and dealers of titleable assets.
Authorizes the Administrator to guarantee up to 90% of a loan under the program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Dealer Floor Plan Program Extension and Improvement Act of 2010
Latest action (Jul 14, 2010): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Jul 14, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.