H.R. 3836 · 112th Congress
SBA Loan Paperwork Reduction Act of 2012
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
SBA Loan Paperwork Reduction Act of 2012 - Directs the Administrator of the Small Business Administration (SBA) to carry out a Small Loan Advantage Program in the same manner as, and as a replacement for, the SBA Small Loan Advantage loan initiative.
What it does: CRS summary · Introduced in House · Jan 27, 2012
SBA Loan Paperwork Reduction Act of 2012 - Directs the Administrator of the Small Business Administration (SBA) to carry out a Small Loan Advantage Program in the same manner as, and as a replacement for, the SBA Small Loan Advantage loan initiative. (Under the loan initiative, SBA lenders make partially guaranteed, lower-dollar small business loans which often benefit businesses in underserved areas or markets.)
Makes pilot program loan guarantee percentage limits inapplicable to the Small Loan Advantage Program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SBA Loan Paperwork Reduction Act of 2012
Latest action (Jan 27, 2012): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Jan 27, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.