HR 2261 · 105th Congress · Commerce
Small Business Programs Reauthorization and Amendments Acts of 1997
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Laid on the table. See S. 1139 for further action. (consideration: CR H8113)(1997-09-29)
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Plain Language Summary
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TABLE OF CONTENTS: Title I: Authorizations Title II: Financial Programs Subtitle A: General Business Loans Subtitle B: Certified Development Company Program Subtitle C: Small Business Investment Company Program Subtitle D: Microloan Program Title III: Women's Business Enterprises Title IV: Competitiveness Program Title V: Miscellaneous Provisions Small Business Assistance Programs Reauthorization Amendments Acts of 1997 - Title I: Authorizations - Amends the Small Business Act (the Act) to authorize appropriations and provide funding levels for FY 1998 through 2000 for various programs under the Act and the Small Business Investment Act of 1958 (SBIA). Title II: Financial Programs - Subtitle A: General Business Loans - Directs the Administrator of the Small Business Administration (SBA) to prescribe final regulations permitting bank and nonbank lenders to sell or securitize the nonguaranteed portion of general business loans made under the Act that were originated or purchased by the lender, provided there is recourse to the lender for any defaulted loans. Directs the Administrator to verify a general business loan applicant's criminal background through the Federal Bureau of Inves…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2261, Small Business Programs Reauthorization and Amendments Act of 1997
Sep 5, 1997Cost estimate for the bill as ordered reported by the House Committee on Small Business on July 30, 1997
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office