A bill to provide for a loan guarantee program to address the Year 2000 computer problems of small business concerns, and for other purposes.
Small Business Year 2000 Readiness Act - Amends the Small Business Act to authorize the Small Business Administration (SBA), during the period ending on December 31, 2000, to: (1) guarantee loans made by eligible lenders to small businesses to address Year 2000 computer problems (Y2K problem), including repair and acquisition, consulting, and related expenses; and (2) provide relief for a substantial economic injury incurred by a small business as a direct result of Y2K problems. Provides loan amounts and administration participation limits. Requires an annual report from the SBA to the congressional small business committees on the loan guarantee program.
Referred to the House Committee on Small Business.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 18.
Measure laid before Senate by unanimous consent. (consideration: CR S2059-2069)
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 99-0. Record Vote No: 28.(text: CR S2068-2069)
Roll Call #28 (Senate)Passed Senate without amendment by Yea-Nay Vote. 99-0. Record Vote No: 28. (text: CR S2068-2069)
Roll Call #28 (Senate)Received in the House.
Referred to the House Committee on Small Business.
Message on Senate action sent to the House.
Committee Hearings Held.
Mr. Talent moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H1488-1490)
DEBATE - The House proceeded with forty minutes of debate on S. 314.
Enacted as Public Law 106-8
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Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H1488-1489)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H1488-1489)
Motion to reconsider laid on the table Agreed to without objection.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 106-8.
Became Public Law No: 106-8.