US Congress House Bill 4295 (Prior Session Legislation)

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December 11 2009 - Referred to the Subcommittee on Finance and Tax.
Text: Latest bill text (Introduced) [PDF]

Small Business Emergency Capital Assistance Act of 2009 - Directs the Administrator of the Small Business Administration (SBA) to carry out a program under which the Administrator may make loans directly to small businesses determined to: (1) be economically healthy; (2) have good credit; and (3) be unable to obtain a loan on reasonable terms from a non-federal source. Limits loan amounts to $1.5 million, with a maximum repayment term of 25 years. Requires: (1) the Administrator to report annually to the congressional small business committees concerning loans made under the program; and (2) the Comptroller General to evaluate the program's effectiveness and report evaluation results to such committees.

Small Business Emergency Capital Assistance Act of 2009

Rep Kagen, Steve	Rep Perriello, Thomas S.P.	Rep Hodes, Paul W.	Rep Hall, John J.
Rep Courtney, Joe	Rep Carnahan, Russ	Rep Bishop, Timothy H.	Rep Murphy, Christopher S.
Rep Maffei, Daniel B.	Rep Sanchez, Linda T.

Date	Chamber	Action
2009-12-11		Referred to the Subcommittee on Finance and Tax.
2009-12-11		Referred to the House Committee on Small Business.

Type	Source
Summary	http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HN04295:@@@L&summ2=m&
Text	http://gpo.gov/fdsys/pkg/BILLS-111hr4295ih/pdf/BILLS-111hr4295ih.pdf