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HR 3419 102th Congress House Commerce Bank capital Bank failures Bank loans Capital formation Executive reorganization Federal advisory bodies Fees Finance and Financial Sector Government paperwork Government trust funds Insurance premiums Investment guaranty insurance Small business Stocks

Small Business Recovery Act of 1991

Introduced: September 25, 1991 See on congress.gov
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 10, 1991
Referred to the Subcommittee on SBA, the General Economy, and Minority Enterprise Development.
Oct 1, 1991
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Sep 25, 1991
Referred to the House Committee on Small Business.
Sep 25, 1991
Referred to the House Committee on Banking, Finance + Urban Affrs.
Sep 25, 1991
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Recovery Act of 1991 - Authorizes the Small Business Administration (SBA) to enter into agreements to participate, on a guaranteed basis, in the purchase of eligible securities issued pursuant to this Act by certain financial institutions. Sets forth participation criteria.

Establishes the Regional Small Business Recovery Panel to evaluate: (1) applications submitted pursuant to this Act; (2) the type of proposed debt or equity security; and (3) claims for repurchase of approved securities by the SBA.

Requires the SBA to submit a progress report to the Congress.

Establishes the Regional Small Business Recovery Fund.

What's happening now October 10, 1991

Referred to the Subcommittee on SBA, the General Economy, and Minority Enterprise Development.

 Related & companion bills 1
  • S 1753 Identical bill Small Business Recovery Act of 1991
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 3
All 3 Democratic 3
D
DeLauro, Rosa L.
Connecticut · Sep 25, 1991
 D
Neal, Richard E.
Massachusetts · Sep 25, 1991
 D
Reed, Jack
Rhode Island · Sep 25, 1991
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3419: Small Business Recovery Act of 1991. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-3419/
MLA
"H.R. 3419: Small Business Recovery Act of 1991." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-3419/.
Bluebook (legal)
H.R. 3419, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-3419/.
Markdown link
[H.R. 3419: Small Business Recovery Act of 1991](https://openamerica.io/bill/102-HR-3419/)
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