HR 1332 · 110th Congress · Commerce
Small Business Lending Improvements Act of 2007
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 129.(2007-05-01)
Recorded Votes
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Plain Language Summary
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Small Business Lending Improvements Act of 2007 - Amends the Small Business Act and the Small Business Investment Act of 1958 relating to the 7(a) (business start-up loan) and the 504 (certified development company economic development loan) programs to, among other things: (1) direct the Administrator of the Small Business Administration (SBA) to carry out a rural lending outreach program and a community express program for loans of $250,000 or less; (2) direct the Administrator to carry out a Medical Professionals in Designated Shortage Areas program and an Increased Veteran Participation program; (3) revise eligibility requirements for development company designation as a certified development company (CDC); (4) require certain CDCs to contract for the foreclosure and liquidation of defaulted small business loans; and (5) authorize SBA loans for projects which reduce energy consumption by at least ten percent.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 1332, Small Business Lending Improvements Act of 2007
Apr 19, 2007<p>Cost estimate for the bill as ordered reported by the House Committee on Small Business on March 15, 2007</p>
Full CBO report ↗H.R. 1332, Small Business Lending Improvements Act of 2007
Apr 19, 2007Cost estimate for the bill as ordered reported by the House Committee on Small Business on March 15, 2007
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (7)
5 Democrats2 Republicans