H.R. 6191 · 111th Congress
To amend the Small Business Jobs Act of 2010 to include certain construction and land development loans in…
Full title
To amend the Small Business Jobs Act of 2010 to include certain construction and land development loans in the definition of small business lending.
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 111th Congress ended.
D
MillerSponsor5 cosponsors · 5 D
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Sep 23, 2010
- House Passed Sep 28, 2010
Amends the Small Business Jobs Act of 2010 to include in the definition of small business lending under such Act loans secured by real estate: (1) that are made to finance land development that is preparatory to erecting new structures, including improving land, laying sewers, and laying water pipes, or the on-site construction of industrial, commercial,…
What it does: CRS summary · Passed House without amendment · Sep 28, 2010
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Amends the Small Business Jobs Act of 2010 to include in the definition of small business lending under such Act loans secured by real estate: (1) that are made to finance land development that is preparatory to erecting new structures, including improving land, laying sewers, and laying water pipes, or the on-site construction of industrial, commercial, residential, or farm buildings; (2) that is vacant land, except land known to be used or usable for agricultural purposes; (3) the proceeds of which are to be used to acquire and improve developed or undeveloped property; or (4) that are made under title I or title X of the National Housing Act.
Makes such inclusion applicable only to loans extended to small businesses in the construction industry.
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 Jobs Act of 2010 to include certain construction and land development loans in the definition of small business lending.
Latest action (Sep 29, 2010): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: House · Introduced: Sep 23, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Sep 23, 2010
- House Passed Sep 28, 2010
No recorded floor vote found.