HR 2261 · 105th Congress · Commerce

Small Business Programs Reauthorization and Amendments Acts of 1997

Introduced 1997-07-25· Sponsored by Rep. Talent, Jim [R-MO-2]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Laid on the table. See S. 1139 for further action. (consideration: CR H8113)(1997-09-29)

Recorded Votes

PassedHouse · 1997-09-29
Roll #463
Yea 397Nay 17
Democrats
193 Yea·0 Nay
Republicans
203 Yea·17 Nay
PassedHouse · 1997-09-29
Roll #463
Yea 397Nay 17
Democrats
193 Yea·0 Nay
Republicans
203 Yea·17 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] 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 Office

H.R. 2261, Small Business Programs Reauthorization and Amendments Act of 1997

Sep 5, 1997

Cost 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

Cosponsors (1)

1 Democrat