H.R.5297 - Small Business Jobs and Credit Act of 2010

To create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, and for other purposes. view all titles (17)

All Bill Titles

  • Short: Small Business Lending Fund Act of 2010 as introduced.
  • Official: To create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, and for other purposes. as introduced.
  • Short: Small Business Lending Fund Act of 2010 as reported to house.
  • Short: State Small Business Credit Initiative Act of 2010 as reported to house.
  • Official: An act to create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, to amend the Internal Revenue Code of 1986 to provide tax incentives for small business job creation, and for other purposes as amended by house.
  • Short: Plain Writing Act of 2010 as passed house.
  • Short: Small Business Assistance Fund Act of 2010 as passed house.
  • Short: Small Business Early-Stage Investment Program Act of 2010 as passed house.
  • Short: Small Business Jobs Tax Relief Act of 2010 as passed house.
  • Short: State Small Business Credit Initiative Act of 2010 as passed house.
  • Short: Small Business Jobs and Credit Act of 2010 as passed house.
  • Short: Small Business Jobs Act of 2010 as enacted.
  • Short: Creating Small Business Jobs Act of 2010 as enacted.
  • Short: Export Promotion Act of 2010 as enacted.
  • Short: Small Business Export Enhancement and International Trade Act of 2010 as enacted.
  • Short: Small Business Job Creation and Access to Capital Act of 2010 as enacted.
  • Short: State Small Business Credit Initiative Act of 2010 as enacted.

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Latest Amendment Status Purpose View All Amendments [192]
 
H.Amdt694 Pass An amendment numbered 1 printed in part C of House Report 111-506 to add veteran- and women- owned businesses to the groups that will receive outreach under the Small Business Lending Fund established by the bill. It adds veteran-owned businesses to those businesses that should receive consideration in the Fund, adds veterans to the study on lending assistance, and requires the study to report not just on the number of loans made to women-, veteran- and minority-owned businesses, but the percent of loans that go to them as a part of the program.
H.Amdt695 Pass An amendment numbered 3 printed in part C of House Report 111-506 to add four stipulations to the Small Business Lending Fund to safeguard small businesses in the bill: 1) base SBLF incentives on number of loans an institution makes, not just the total dollars of loans; 2) include Small Business Lending Centers with less than $10 billion in assets as qualified financial institutions to participate in the SBLF; 3) add the SBA definition to define what a small business is; and 4) change the base lending amount from a comparison of the fourth quarter of 2009, to a full year of data.
H.Amdt696 Offered An amendment numbered 4 printed in part C of House Report 111-506 to make non-owner occupied commercial real estate loans eligible for the program.
Latest Actions View All Actions [101]
 
May 13th
May 13thReferred to the House Committee on Financial Services.
May 19thOrdered to be Reported (Amended) by the Yeas and Nays: 42 - 23.

Latest Vote

Result: Passed - September 23, 2010

Roll call number 539 in the House

Question: On Motion to Concur in the Senate Amendment: H R 5297 Small Business Lending Fund Act of 2010

Required percentage of 'Aye' votes: 1/2 (50%)
Percentage of 'aye' votes: 54%
 

Vote on This Bill

74% Users Support Bill

102 in favor / 35 opposed
 

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