H.R. 4102 · 112th Congress
Bring the Jobs Home Loan 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.
D
IsraelSponsorNo cosponsors.
Bring the Jobs Home Loan Act of 2012 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish a loan program to assist small businesses involved in manufacturing to begin the U.S. production of products that would otherwise be imported.
What it does: CRS summary · Introduced in House · Feb 28, 2012
Bring the Jobs Home Loan Act of 2012 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish a loan program to assist small businesses involved in manufacturing to begin the U.S. production of products that would otherwise be imported.
Requires small businesses receiving such loans to report to the Administrator on: (1) facility and equipment changes made, or training provided, using such loans; and (2) progress made in such production. Allows the Administrator to consider such report information in determining whether to provide an additional loan or loan assistance under another SBA program.
Prohibits an individual loan greater than 5% of the total amount available for such loans.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Bring the Jobs Home Loan Act of 2012
Latest action (Feb 28, 2012): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Feb 28, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.