h 17 60295 1254888000 1257605820 1257742800 1 3737 268 111 412206

11/7/2009--Passed House amended. Small Business Microlending Expansion Act of 2009 - (Sec. 2) Amends the Small Business Act with respect to the Small Business Administration (SBA) Microloan program (small-scale loans to start-up, newly established, or growing small businesses for working capital or the acquisition of materials, supplies, or equipment) to direct the SBA Administrator to establish a process under which an intermediary making a Microloan loan provides relevant borrower information to the major credit reporting agencies. (Sec. 3) Removes the requirement that such loans be short-term only. (Sec. 4) Increases eligibility for Microloan program participation to include intermediaries with at least one full-time employee with not less than: (1) three years of experience making microloans to startup, newly established, or growing small businesses; or (2) one year of experience providing intensive marketing, management, and technical assistance to borrowers. (Sec. 5) Increases from: (1) $750,000 to $1 million the loan limit to an intermediary in the first year of participation; and (2) $3.5 million to $7 million the loan limit for the remaining years of participation. (Sec. 6) Increases from 25% to 35% of grant funds received the maximum amount that may be used by an intermediary to provide information and technical assistance to small business borrowers. (Sec. 7) Allows intermediaries that receive grants to establish a program that provides technical assistance to young entrepreneurs in establishing or operating a small business, or in securing financing, in the area served by the intermediary. (Sec. 8) Increases from $7,500 to $10,000 the maximum loan amount to a small business borrower that will qualify for a reduced interest rate from the intermediary. (Sec. 9) Directs the Administrator to submit annually to the congressional small business committees specified information with respect to the Microloan program, including participating intermediaries and borrowers, and the marketing, management, and technical assistance provided. (Sec. 10) Authorizes the Administrator to make grants to intermediaries for reducing interest rates charged to Microloan borrowers (interest assistance grants). (Sec. 11) Authorizes the Administrator to make Microloan technical assistance grants, direct loans, and interest assistance grants for FY2010-FY2011, and authorizes appropriations for such loans and grants.

1257742800 2009-11-09 Sat Nov 14 00:46:49 -0600 2009 passed house 60295 'act':5 '2009':7 'busi':2 'small':1 'expans':4 'microlend':3 80316 false short introduced 60295 'act':5 '2009':7 'busi':2 'small':1 'expans':4 'microlend':3 78588 false short introduced 60295 'act':6 'busi':5 'amend':2 'small':4 'improv':8 'purpos':15 'program':11 'microloan':10 78501 false official action 60295 Tue Nov 10 07:01:32 -0600 2009 1257742800 Mon Nov 09 00:00:00 -0600 2009 216221 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. E000289 2515 513 Cannon House Office Building http://www.ellsworth.house.gov/index.php?option=com_content&task=view&id=325&Itemid= 8 202-225-3284 Brad 'd':4 '-8':6 'rep':1 'brad':2,7,9 'ellsworth':3,8,10 M 412206 Ellsworth Brad_Ellsworth Rep. Brad Ellsworth [D, IN-8] 1402 N00027575 6586 Democrat 202-225-4636 IN Brad Ellsworth 4.73333333333333 http://ellsworth.house.gov/ RepBradEllsworth H000636 1940-08-20 1671 2463 Rayburn House Office Building http://www.house.gov/writerep 15 202-225-5688 Rubén 'd':4 'tx':5 '-15':6 'rep':1 'ruben':9 'rubén':2,7 'hinojosa':3,8,10 M 400179 Hinojosa E. Rep. Rubén Hinojosa [D, TX-15] 305 N00006008 7157 Democrat 202-225-2531 Roman Catholic TX Ruben Hinojosa http://hinojosa.house.gov/ W000800 4387 1404 Longworth House Office Building http://www.house.gov/formwelch/issue_subscribe.htm 0 202-225-6790 Peter 'd':4 '-0':6 'vt':5 'rep':1 'peter':2,7,9 'welch':3,8,10 M 412239 Welch Peter_Welch Rep. Peter Welch [D, VT-0] 2493 N00000515 8186 Democrat 202-225-4115 VT Peter Welch 5.5 http://welch.house.gov/ action 60295 Tue Nov 10 07:01:32 -0600 2009 1257742800 Mon Nov 09 00:00:00 -0600 2009 216221 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. vote 60295 Mon Nov 09 18:55:55 -0600 2009 1257602220 Sat Nov 07 09:57:00 -0600 2009 roll 216160 pass 876 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 23 (Roll no. 876). (text: CR 11/6/2009 H12466-12467) vote h action 60295 Mon Nov 09 18:55:55 -0600 2009 1257600360 Sat Nov 07 09:26:00 -0600 2009 216159 Considered as unfinished business. action 60295 Sat Nov 07 07:00:44 -0600 2009 1257516900 Fri Nov 06 10:15:00 -0600 2009 216010 At the conclusion of debate, the chair put the question on the motion to suspend the rules. Ms. Velazquez objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn. action 60295 Sat Nov 07 07:00:44 -0600 2009 1257515880 Fri Nov 06 09:58:00 -0600 2009 216007 Ms. Velazquez moved to suspend the rules and pass the bill, as amended. action 60295 Sat Nov 07 07:00:44 -0600 2009 1257515880 Fri Nov 06 09:58:00 -0600 2009 216009 DEBATE - The House proceeded with forty minutes of debate on H.R. 3737. action 60295 Sat Nov 07 07:00:44 -0600 2009 1257515880 Fri Nov 06 09:58:00 -0600 2009 216008 Considered under suspension of the rules. action 60295 Sat Oct 24 07:00:27 -0500 2009 1256097600 Wed Oct 21 00:00:00 -0500 2009 212646 Provisions of Measure Incorporated into H.R. 3854. action 60295 Fri Oct 09 18:53:53 -0500 2009 1254974400 Thu Oct 08 00:00:00 -0500 2009 211022 Forwarded by Subcommittee to Full Committee by Voice Vote . action 60295 Fri Oct 09 18:53:53 -0500 2009 1254974400 Thu Oct 08 00:00:00 -0500 2009 211021 Subcommittee Consideration and Mark-up Session Held. action 60295 Thu Oct 08 18:53:38 -0500 2009 1254888000 Wed Oct 07 00:00:00 -0500 2009 210779 Referred to the House Committee on Small Business. introduced 60295 Thu Oct 08 18:53:38 -0500 2009 1254888000 Wed Oct 07 00:00:00 -0500 2009 210778 action 60295 Fri Oct 09 18:53:53 -0500 2009 1254888000 Wed Oct 07 00:00:00 -0500 2009 211020 Referred to the Subcommittee on Finance and Tax. 6 405 60295 Sat Nov 07 08:57:00 -0600 2009 true 6333 false 23 876 235 0 On Motion to Suspend the Rules and Pass, as Amended: H R 3737 Small Business Micro-lending Expansion Act of 2009 true 2/3 Passed On Motion to Suspend the Rules and Pass, as Amended Sat Nov 07 10:05:04 -0600 2009 house