HR 5008 · 108th Congress · Commerce

To provide an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958 through September 30, 2004, and for other purposes.

Introduced 2004-09-07· Sponsored by Rep. Manzullo, Donald A. [R-IL-16]· House

Bill Progress

Introduced
Committee
House Vote
Senate
Enacted
Latest: Became Public Law No: 108-306.(2004-09-24)

Plain Language Summary

[AI summary unavailable — showing source text] Extends through September 30 (currently, June 4), 2004, under the same terms and conditions, the authorization for any program, activity, or provision, including any pilot program, that is authorized under the Small Business Act or the Small Business Investment Act of 1958 as of September 30, 2003. Amends the Small Business Act to authorize the Small Business Administration (SBA) to contract with an agent to carry out the assessment and collection of annual fees for SBA-guaranteed loans to small businesses. Allows the agent to be compensated through any of the fees assessed, as well as interest earned on such assessments while in the agent's control.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat