US Congress House Bill 3380 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 95-33)
Status: Introduced on July 29 2009 - 25% progression, died in committee
Action: 2009-07-29 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Promoting Lending to America's Small Businesses Act of 2009 - Amends the Federal Credit Union Act to increase the total permissible amount of member business loans by an insured credit union (excluding those made to nonprofit religious organizations) to a limit of 25% of the credit union's total assets. Increases from $50,000 to $250,000 the maximum total extensions of credit a borrower or associated member of an insured credit union may have before any extension of credit shall be considered a member business loan. Revises the prohibition against an increase in the total amount of member business loans by an undercapitalized insured credit union until it becomes adequately capitalized. Repeals the condition of becoming adequately capitalized, and requires only that the National Credit Union Administration Board approve the increase. Excludes from the definition of "member business loan" any extension of credit, meeting other specified criteria, that is made to a member for commercial, corporate, business, farm, or agricultural purposes in an underserved area.

Promoting Lending to America's Small Businesses Act of 2009

Rep. Neil Abercrombie [D-HI]	Rep. Joe Baca [D-CA]	Rep. Brian Baird [D-WA]	Sen. Tammy Baldwin [D-WI]
Rep. Roscoe Bartlett [R-MD]	Rep. Howard Berman [D-CA]	Rep. Brian Bilbray [R-CA]	Rep. Gus Bilirakis [R-FL]
Rep. Sanford Bishop [D-GA]	Rep. Timothy Bishop [D-NY]	Rep. Earl Blumenauer [D-OR]	Rep. Bruce Braley [D-IA]
Rep. Corrine Brown [D-FL]	Rep. Dan Burton [R-IN]	Rep. G. Butterfield [D-NC]	Rep. Ken Calvert [R-CA]
Rep. Russ Carnahan [D-MO]	Rep. Christopher Carney [D-PA]	Rep. Andre Carson [D-IN]	Rep. Kathy Castor [D-FL]
Rep. Donna Christensen [D-VI]	Rep. Judy Chu [D-CA]	Rep. Lacy Clay [D-MO]	Rep. Steve Cohen [D-TN]
Rep. Gerald Connolly [D-VA]	Rep. John Conyers [D-MI]	Rep. John Culberson [R-TX]	Rep. Kathleen Dahlkemper [D-PA]
Rep. Danny Davis [D-IL]	Rep. Peter DeFazio [D-OR]	Rep. Vernon Ehlers [R-MI]	Rep. Brad Ellsworth [D-IN]
Rep. Anna Eshoo [D-CA]	Rep. Bob Filner [D-CA]	Rep. Virginia Foxx [R-NC]	Rep. Marcia Fudge [D-OH]
Rep. Elton Gallegly [R-CA]	Rep. Alan Grayson [D-FL]	Rep. Gene Green [D-TX]	Rep. John Hall [D-NY]
Rep. Phil Hare [D-IL]	Rep. Alcee Hastings [D-FL]	Sen. Martin Heinrich [D-NM]	Rep. Wally Herger [R-CA]
Rep. Maurice Hinchey [D-NY]	Rep. Peter Hoekstra [R-MI]	Rep. Tim Holden [D-PA]	Rep. Rush Holt [D-NJ]
Rep. Michael Honda [D-CA]	Rep. Duncan Hunter [R-CA]	Rep. Darrell Issa [R-CA]	Rep. Jesse Jackson [D-IL]
Rep. Sheila Jackson-Lee [D-TX]	Rep. Eddie Johnson [D-TX]	Rep. Henry Johnson [D-GA]	Rep. Walter Jones [R-NC]
Rep. Steve Kagen [D-WI]	Rep. Paul Kanjorski [D-PA]	Rep. Marcy Kaptur [D-OH]	Rep. Patrick Kennedy [D-RI]
Rep. Dale Kildee [D-MI]	Rep. Carolyn Kilpatrick [D-MI]	Rep. Larry Kissell [D-NC]	Rep. Suzanne Kosmas [D-FL]
Rep. Dennis Kucinich [D-OH]	Rep. James Langevin [D-RI]	Rep. Steven LaTourette [R-OH]	Rep. John Lewis [D-GA]
Rep. John Linder [R-GA]	Rep. Frank LoBiondo [R-NJ]	Rep. Nita Lowey [D-NY]	Rep. Carolyn Maloney [D-NY]
Rep. Betsy Markey [D-CO]	Sen. Edward Markey [D-MA]	Rep. Eric Massa [D-NY]	Rep. Carolyn McCarthy [D-NY]
Rep. Tom McClintock [R-CA]	Rep. Jim McDermott [D-WA]	Rep. James McGovern [D-MA]	Rep. Cathy McMorris Rodgers [R-WA]
Rep. Gregory Meeks [D-NY]	Rep. Michael Michaud [D-ME]	Rep. Candice Miller [R-MI]	Rep. Jeff Miller [R-FL]
Rep. Grace Napolitano [D-CA]	Rep. Eleanor Norton [D-DC]	Rep. Solomon Ortiz [D-TX]	Rep. Frank Pallone [D-NJ]
Rep. Bill Pascrell [D-NJ]	Rep. Ron Paul [R-TX]	Rep. Donald Payne [D-NJ]	Sen. Gary Peters [D-MI]
Rep. Collin Peterson [D-MN]	Rep. Thomas Petri [R-WI]	Rep. Chellie Pingree [D-ME]	Rep. Joseph Pitts [R-PA]
Rep. Ted Poe [R-TX]	Rep. Bill Posey [R-FL]	Rep. Mike Quigley [D-IL]	Rep. Nick Rahall [D-WV]
Rep. Laura Richardson [D-CA]	Rep. Ciro Rodriguez [D-TX]	Rep. Dana Rohrabacher [R-CA]	Rep. Thomas Rooney [R-FL]
Rep. Steven Rothman [D-NJ]	Rep. Edward Royce [R-CA]	Rep. Tim Ryan [D-OH]	Rep. Loretta Sanchez [D-CA]
Rep. John Sarbanes [D-MD]	Rep. Janice Schakowsky [D-IL]	Rep. Mark Schauer [D-MI]	Rep. Kurt Schrader [D-OR]
Rep. Carol Shea-Porter [D-NH]	Rep. Brad Sherman [D-CA]	Rep. Michael Simpson [R-ID]	Rep. Jackie Speier [D-CA]
Rep. Fortney Stark [D-CA]	Rep. Bart Stupak [D-MI]	Rep. Betty Sutton [D-OH]	Rep. Paul Tonko [D-NY]
Rep. Fred Upton [R-MI]	Rep. Timothy Walz [D-MN]	Rep. Zach Wamp [R-TN]	Rep. Maxine Waters [D-CA]
Rep. Anthony Weiner [D-NY]	Rep. Lynn Woolsey [D-CA]	Rep. David Wu [D-OR]	Rep. Don Young [R-AK]

Date	Chamber	Action
2009-07-29		Referred to the House Committee on Financial Services.

SB2919 (Related) 2009-12-21 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/3380/all-info
Text	https://www.congress.gov/111/bills/hr3380/BILLS-111hr3380ih.pdf