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HR 440 106th Congress House Commerce Economics and Public Finance Finance and Financial Sector Government lending Loan defaults Nonprofit organizations Small business Social Welfare

Microloan Program Technical Corrections Act of 1999

Introduced: February 2, 1999 See on congress.gov
 Everywhere this bill has been 31 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 27, 1999
Became Public Law No: 106-22.
Apr 27, 1999
Signed by President.
Apr 15, 1999
Presented to President.
Apr 12, 1999
Motion to reconsider laid on the table Agreed to without objection.
Apr 12, 1999
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (consideration: CR H1817-1818; text: CR H1817-1818)
Apr 12, 1999
Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.(consideration: CR H1817-1818; text: CR H1817-1818)
Apr 12, 1999
The House proceeded with forty minutes of debate on the Senate amendment to H.R. 440.
Apr 12, 1999
Mr. Pease moved that the House suspend the rules and agree to the Senate amendment.
Apr 12, 1999
Message on Senate action sent to the House.
Mar 25, 1999
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S3554-3566)
Mar 25, 1999
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(consideration: CR S3554-3566)
Mar 25, 1999
Amendment SP 248 agreed to in Senate by Unanimous Consent.
Mar 25, 1999
Amendment SP 248 proposed by Senator Enzi for Senator Kerry.
Mar 25, 1999
Measure laid before Senate by unanimous consent. (consideration: CR S3554-3566)
Mar 25, 1999
Senate Committee on Small Business discharged by Unanimous Consent.
Feb 22, 1999
Read twice and referred to the Committee on Small Business.
Feb 11, 1999
Received in the Senate.
Feb 9, 1999
Motion to reconsider laid on the table Agreed to without objection.
Feb 9, 1999
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 4 (Roll no. 12). (text: CR H492)
Feb 9, 1999
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 4 (Roll no. 12).(text: CR H492)
Feb 9, 1999
Considered as unfinished business. (consideration: CR H524-525)
Feb 9, 1999
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.
Feb 9, 1999
DEBATE - The House proceeded with forty minutes of debate.
Feb 9, 1999
Considered under suspension of the rules. (consideration: CR H492-494)
Feb 9, 1999
Mr. Talent moved to suspend the rules and pass the bill, as amended.
Feb 8, 1999
Placed on the Union Calendar, Calendar No. 10.
Feb 8, 1999
Reported by the Committee on Small Business. H. Rept. 106-12.
Feb 8, 1999
Ordered to be Reported by Voice Vote.
Feb 8, 1999
Committee Consideration and Mark-up Session Held.
Feb 2, 1999
Referred to the House Committee on Small Business.
Feb 2, 1999
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Feb 9, 1999 House · vote #12 On Motion to Suspend the Rules and Pass, as Amended Passed 4114 See who voted →
 Plain-English summary Congressional Research Service

TABLE OF CONTENTS:

Microloan Program Technical Corrections Act of 1999 - Amends provisions of the Small Business Act relating to the Microloan Program (a program making loans to small businesses for startup or materials and equipment costs) to: (1) delete provisions restricting the amount of loan funds made available to any single State and require the Small Business Administration (SBA) to ensure that at least $800,000 of new loan funds are available to each State in any fiscal year; (2) revise the loan loss reserve fund levels required of loan intermediaries; (3) direct the SBA Administrator, after the first five years of an intermediary's participation in the Program, to review the annual loss rate of such intermediary; and (4) authorize the Administrator, under certain circumstances, to reduce the annual loan loss reserve requirement to reflect the average annual loan loss rate of an intermediary, except that no loan loss reserve shall be reduced to less than ten percent of the outstanding balance of the notes receivable owed to the intermediary.

What's happening now April 27, 1999

Became Public Law No: 106-22.

 Committees of jurisdiction 2