HR 5297 · 111th Congress · Finance and Financial Sector

Small Business Jobs Act of 2010

Introduced 2010-05-13· Sponsored by Rep. Frank, Barney [D-MA-4]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
Enacted
Latest: Became Public Law No: 111-240.(2010-09-27)

Recorded Votes

PassedHouse · 2010-09-23
Roll #539
Yea 237Nay 187
Democrats
236 Yea·13 Nay
Republicans
1 Yea·174 Nay
PassedHouse · 2010-09-23
Roll #539
Yea 237Nay 187
Democrats
236 Yea·13 Nay
Republicans
1 Yea·174 Nay
PassedSenate · 2010-09-16
Roll #237
Yea 61Nay 38
PassedSenate · 2010-09-16
Roll #237
Yea 61Nay 38
PassedSenate · 2010-09-16
Roll #235
Yea 51Nay 48
PassedSenate · 2010-09-16
Roll #234
Yea 41Nay 58

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Plain Language Summary

[AI summary unavailable — showing source text] Small Business Lending Fund Act of 2010 - Establishes in the Treasury the Small Business Lending Fund, administered by the Secretary of the Treasury. Authorizes the Secretary to establish: (1) the Small Business Lending Fund Program; and (2) a program to allocate federal funds to participating states to expand credit availability to small businesses. Makes the Fund available to the Secretary to purchase up to $30 billion in preferred stock and other financial instruments (capital investments) from eligible depository institutions, bank holding companies, or savings and loan holding companies (eligible institutions) having total assets of $1 billion or less or of between $1 billion and $10 billion. Prohibits the Secretary from denying an application by an eligible institution for a capital investment under the Program solely on the basis of its composite rating under the Uniform Financial Institutions Rating System (or an equivalent). Sets forth financial incentives for small business lending by such eligible institutions. Grants the Secretary additional authorities to implement this Act, taking into consideration: (1) increasing the availability of credit for small businesses; and …

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

CBO Cost Estimate

Congressional Budget Office

H.R. 5297, Small Business Lending Fund Act of 2010

May 25, 2010

Cost estimate for the bill as ordered reported by the House Committee on Financial Services on May 19, 2010

Full CBO report ↗

H.R. 5297, Small Business Lending Fund Act of 2010

May 25, 2010

<p>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on May 19, 2010</p>

Full CBO report ↗

H.R. 5297, Small Business Lending Fund Act of 2010

Jun 28, 2010

Cost estimate for the bill as passed by the House of Representatives on June 17, 2010

Full CBO report ↗

H.R. 5297, Small Business Lending Fund Act of 2010

Jun 28, 2010

<p>Cost estimate for the bill as passed by the House of Representatives on June 17, 2010</p>

Full CBO report ↗

H.R. 5297, Small Business Jobs Act of 2010

Jun 30, 2010

Estimated direct spending and revenue effects for Senate amendment 4402, a substitute for H.R. 5297

Full CBO report ↗

H.R. 5297, Small Business Jobs Act of 2010

Jun 30, 2010

<p>Estimated direct spending and revenue effects for Senate amendment 4402, a substitute for H.R. 5297</p>

Full CBO report ↗

Amendment to H.R. 5297, the Small Business Jobs and Credit Act of 2010

Jul 22, 2010

<p>Pay-as-you-go estimate for Senate Amendment 4499 in the Nature of a Substitute to H.R. 5297, as proposed on July 21, 2010</p>

Full CBO report ↗

Amendment to H.R. 5297, the Small Business Jobs and Credit Act of 2010

Jul 22, 2010

Pay-as-you-go estimate for Senate Amendment 4499 in the Nature of a Substitute to H.R. 5297, as proposed on July 21, 2010

Full CBO report ↗

Amendments to H.R. 5297, the Small Business Jobs and Credit Act of 2010

Jul 23, 2010

<p>Pay-as-you-go table for the bill incorporating both Senate Amendment 4499 and Senate Amendment 4500</p>

Full CBO report ↗

Amendments to H.R. 5297, the Small Business Jobs and Credit Act of 2010

Jul 23, 2010

Pay-as-you-go table for the bill incorporating both Senate Amendment 4499 and Senate Amendment 4500

Full CBO report ↗

H.R. 5297, Small Business Jobs and Credit Act of 2010

Jul 28, 2010

<p>Pay-as-you-go estimate for Senate amendment 4519, in the nature of a substitute</p>

Full CBO report ↗

H.R. 5297, Small Business Jobs and Credit Act of 2010

Jul 28, 2010

Pay-as-you-go estimate for Senate amendment 4519, in the nature of a substitute

Full CBO report ↗

H.R. 5297, Small Business Jobs and Credit Act of 2010

Aug 9, 2010

Pay-as-you-go estimate for Senate Amendment 4594 in the nature of a substitute to H.R. 5297

Full CBO report ↗

H.R. 5297, Small Business Jobs and Credit Act of 2010

Aug 9, 2010

<p>Pay-as-you-go estimate for Senate Amendment 4594 in the nature of a substitute to H.R. 5297</p>

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

20 Democrats