Official Bill Info

• Latest Action: Mar 26, 2012 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 340.

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  I know the most recent action for this bill is as follows: "Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 340." on Mar 26, 2012

Bill Statistics on OpenCongress

Contribution Data

Supporting Organizations

• National Cooperative Business Association

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• National Association of Federal Credit Unions

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  I know that the organization National Association of Federal Credit Unions supports S.2231
• Missouri Credit Union Association

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  I know that the organization Missouri Credit Union Association supports S.2231
• Spokane Teachers Credit Union

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  I know that the organization Spokane Teachers Credit Union supports S.2231
• Credit Union National Association

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  I know that the organization Credit Union National Association supports S.2231

Opposing Organizations

• Independent Community Bankers of America

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  I know that the organization Independent Community Bankers of America opposes S.2231
• Georgia Bankers Association

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  I know that the organization Georgia Bankers Association opposes S.2231
• Tennessee Bankers Association

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• American Bankers Association

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  I know that the organization American Bankers Association opposes S.2231

Most-commented sections of the bill text

Highest Rated User Comments

• On April 17, 2012, by jefmcclimans - We have created an infographic about S. 2231 "Small Business Lending Enhancement Act of 2012" to help better undertand the benefits this bill will have on the economy and jobs, while pointing out that credit unions wil not be taking business away from banks that they are not already turning away. Please have a look, and don't forget to contact your representatives. Text: http://www.mygenfcu.org/small-business-lending-enhancement-act-of-2012 Infographic: http://www.mygenfcu.org/sites/default/files/images/s2231-_web.jpg

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  As noted by jefmcclimans, a user on OpenCongress.org, on April 17, 2012, "We have created an infographic about S. 2231 "Small Business Lending Enhancement Act of 2012" to help better undertand the benefits this bill will have on the economy and jobs, while pointing out that credit unions wil not be taking business away from banks that they are not already turning away. Please have a look, and don't forget to contact your representatives. Text: http://www.mygenfcu.org/small-business-lending-enhancement-act-of-2012 Infographic: http://www.mygenfcu.org/sites/default/files/images/s2231-_web.jpg "

Highly Rated Blog Articles

• Local credit unions push for increased business lending, community ... - May 15, 2012 by Mary Hopkin - According to the Congressional Budget Office said a bill similar to S. 2231 would cost $354 million over 10 years due to the loss of business & occupational taxes and federal income tax revenue. Pearson said the solution is ...

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  As noted by Mary Hopkin on May 15, 2012, "According to the Congressional Budget Office said a bill similar to S. 2231 would cost $354 million over 10 years due to the loss of business & occupational taxes and federal income tax revenue. Pearson said the solution is ..." (/url?q=http://www.tricitiesbusinessnews.com/2012/05/local-credit-unions-push-for-increased-business-lending-community-banks-fight-back/&sa=U&ei=J8CzT-7DBYi6tweQ6ZToBQ&ved=0CDwQmAEwBQ&usg=AFQjCNFa5iEgT0cmg99W2D15MA2lkzwFtA)
• MBL Bill: Trades Sticking to Plan A - May 08, 2012 by admin - Even after news that a opinion on S. 2231 won't occur as fast as hoped, credit kinship trade associations contend they aren't posterior a Plan B to foster legislation that would lift a member business lending top to 27.5% of ...

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  As noted by admin on May 08, 2012, "Even after news that a opinion on S. 2231 won't occur as fast as hoped, credit kinship trade associations contend they aren't posterior a Plan B to foster legislation that would lift a member business lending top to 27.5% of ..." (/url?q=http://freesportlinks.com/mbl-bill-trades-sticking-to-plan-a/&sa=U&ei=LnCuT924IuPe2AX19sjpCA&ved=0CE4QmAEwCQ&usg=AFQjCNEHuXJxkQVI16Wdpm9bym0mkB_79g)
• Free-market groups urge Senate to consider credit union deregulation - April 20, 2012 by R.J. Lehmann - Mark Udall, D-Colo., and Rand Paul, R-Ky., S. 2231 would raise the business lending cap from the current 12.25% of a credit union's assets to 27.5%. Companion legislation has been introduced in the U.S. House by Rep.

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  As noted by R.J. Lehmann on April 20, 2012, "Mark Udall, D-Colo., and Rand Paul, R-Ky., S. 2231 would raise the business lending cap from the current 12.25% of a credit union's assets to 27.5%. Companion legislation has been introduced in the U.S. House by Rep." (/url?q=http://outofthestormnews.com/2012/04/19/free-market-groups-urge-senate-to-consider-credit-union-deregulation/&sa=U&ei=-d2TT-CcNaeW2gXYwtGhBQ&ved=0CEMQmAEwBw&usg=AFQjCNE4z8dSu8gAs_HrSYtQaOaOyjql_g)

Highly Rated News Articles

• ICBA Credit Union Petition Tops 13,000 - July 30, 2012 by YAHOO! - The Independent Community Bankers of America (ICBA) today announced that a petition opposing the tax-exempt credit unions’ power grab legislation to expand their member business lending authority has garnered more than 13,000 signatures and growing. The

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  As noted by YAHOO! on July 30, 2012, "The Independent Community Bankers of America (ICBA) today announced that a petition opposing the tax-exempt credit unions’ power grab legislation to expand their member business lending authority has garnered more than 13,000 signatures and growing. The " (http://news.yahoo.com/icba-credit-union-petition-tops-13-000-220252443.html)
• Bankers Play Tax Card in Fight Against MBL - July 25, 2012 by Credit Union Times - The banking lobby has drawn what it hopes is a powerful sword in its crusade against an increase in the member business lending cap: taxes. The Independent Community Bankers of America asked Congressional Budget Office and Joint Committee on ...

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  As noted by Credit Union Times on July 25, 2012, "The banking lobby has drawn what it hopes is a powerful sword in its crusade against an increase in the member business lending cap: taxes. The Independent Community Bankers of America asked Congressional Budget Office and Joint Committee on ..." (http://www.cutimes.com/2012/07/25/bankers-play-tax-card-in-fight-against-mbl)
• Friend needed for businesses - July 22, 2012 by Santa Maria Times - That is exactly what HR-1418 and S-2231 would do, if we could only get Congress to move on these two bills. This no-brainer legislation is supported by small businesses, trade groups and just about every other group you can imagine. In fact, the banking ..

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  As noted by Santa Maria Times on July 22, 2012, "That is exactly what HR-1418 and S-2231 would do, if we could only get Congress to move on these two bills. This no-brainer legislation is supported by small businesses, trade groups and just about every other group you can imagine. In fact, the banking .." (http://santamariatimes.com/news/opinion/mailbag/friend-needed-for-businesses/article_94b5da8e-d2ff-11e1-b8e1-0019bb2963f4.html)