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.

Introduced 2009-04-30· Sponsored by Rep. Terry, Lee [R-NE-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Finance and Tax.(2009-04-30)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (1)

1 Republican