S. 1615 · 111th Congress
Next Step for Main Street Credit Availability Act of 2009
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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.
R
SnoweSponsorNo cosponsors.
Next Step for Main Street Credit Availability Act of 2009 - Amends the Small Business Act to increase maximum amounts of loans under the section 7(a) guaranteed loan program and the Microloan Program.
What it does: CRS summary · Introduced in Senate · Aug 6, 2009
Next Step for Main Street Credit Availability Act of 2009 - Amends the Small Business Act to increase maximum amounts of loans under the section 7(a) guaranteed loan program and the Microloan Program. Amends the Small Business Investment Act of 1958 to increase maximum amounts of loans to state and local development companies for plant acquisition, construction, conversion, and expansion.
Expresses the sense of Congress that the Administrator of the Small Business Administration (SBA) should establish a website that: (1) lists SBA lenders; and (2) allows prospective borrowers to compare loan rates and apply online.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Next Step for Main Street Credit Availability Act of 2009
Latest action (Aug 6, 2009): Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S9015-9016)
Policy area: Commerce · Origin: Senate · Introduced: Aug 6, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.