HR 2224 · 111th Congress · Commerce
To amend section 7(a) of the Small Business Act to provide assistance to motor vehicle dealers, and for other purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Finance and Tax.(2009-04-30)
Plain Language Summary
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Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to provide loans to motor vehicle dealers for the purchase of inventory. Sets the maximum loan limit at $20 million.…
Summarized by Claude AI · Non-partisan · For informational purposes only