(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Makes up to $40 million of funds appropriated for the business loan program of the Small Business Administration (SBA) under the Consolidated Appropriations Act, 2010 available for small business loan fee reductions and eliminations and the cost of guaranteed loans authorized under the American Recovery and Reinvestment Act of 2009 (ARRA).
Amends ARRA to extend from March 28, 2010, through April 30, 2010, the authority of the SBA to guarantee up to 90% of qualifying small business loans made by eligible lenders under the Small Business Act or the Small Business Investment Act of 1958.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
Mr. Serrano moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H2414-2416)
DEBATE - The House proceeded with forty minutes of debate on H.R. 4938.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H2414-2415)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2414-2415)
Motion to reconsider laid on the table Agreed to without objection.
Passed/agreed to in Senate: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.(consideration: CR S2105)
Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S2105)
Message on Senate action sent to the House.
Cleared for White House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 111-150.
Became Public Law No: 111-150.
Enacted as Public Law 111-150
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