US Congress House Bill 4295 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 10)
Status: Introduced on December 11 2009 - 25% progression, died in chamber
Action: 2009-12-11 - 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. Timothy Bishop [D-NY]	Rep. Russ Carnahan [D-MO]	Rep. Joe Courtney [D-CT]	Rep. John Hall [D-NY]
Rep. Paul Hodes [D-NH]	Rep. Steve Kagen [D-WI]	Rep. Daniel Maffei [D-NY]	Sen. Christopher Murphy [D-CT]
Rep. Thomas Perriello [D-VA]	Rep. Linda Sanchez [D-CA]

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	https://www.congress.gov/bill/111th-congress/house-bill/4295/all-info
Text	https://www.congress.gov/111/bills/hr4295/BILLS-111hr4295ih.pdf