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HR 4598 111th Congress House Commerce Administrative law and regulatory procedures Congressional oversight Government lending and loan guarantees Small Business Administration Small business

Express Loans Improvements Act of 2010

Introduced: February 4, 2010 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2010
Referred to the Subcommittee on Finance and Tax.
Feb 4, 2010
Referred to the House Committee on Small Business.
Feb 4, 2010
Introduced in House
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 Plain-English summary Congressional Research Service

Express Loans Improvements Act of 2009 - Amends provisions of the Small Business Act relating to the Express Loan Program (Program) to: (1) increase (for a two-year period) from 50% to 75% the maximum percentage of Program loans that may be guaranteed by the Small Business Administration (SBA); (2) make such percentage 60% after such two-year period; and (3) increase from $350,000 to $1 million the maximum Program loan amount.

Directs the SBA Administrator to: (1) issue regulations with respect to Program loan and lender eligibility and collateral requirements that minimize federal risk of loss; and (2) report annually to the congressional small business committees describing Program implementation, including actions taken to reduce default rates.

What's happening now February 4, 2010

Referred to the Subcommittee on Finance and Tax.

 Related & companion bills 1
  • S 2808 Related bill Express Loan Improvements Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 31
All 31 Democratic 11 Republican 1
Arcuri, Michael
· May 26, 2010
Ellsworth, Brad
· May 18, 2010
Carney, Christopher
· Apr 13, 2010
HILL, BARON
· Apr 13, 2010
 D
Quigley, Mike
Illinois · Mar 17, 2010
 D
Davis, Danny K.
Illinois · Mar 15, 2010
 D
Garamendi, John
California · Mar 15, 2010
Schauer, Mark
· Mar 9, 2010
 R
Thompson, Glenn
Pennsylvania · Mar 9, 2010
Markey, Betsy
· Mar 4, 2010
Murphy, Patrick
· Mar 4, 2010
Murphy, Scott
· Mar 4, 2010
Kilroy, Mary Jo
· Mar 3, 2010
 D
Luján, Ben Ray
New Mexico · Mar 3, 2010
Adler, John
· Feb 25, 2010
 D
Costa, Jim
California · Feb 25, 2010
 D
Johnson, Henry C. "Hank"
Georgia · Feb 25, 2010
Kagen, Steve
· Feb 23, 2010
 D
Pingree, Chellie
Maine · Feb 23, 2010
Childers, Travis
· Feb 22, 2010
 D
Green, Al
Texas · Feb 22, 2010
Lee, Christopher
· Feb 22, 2010
Bean, Melissa
· Feb 4, 2010
Bright, Bobby
· Feb 4, 2010
Driehaus, Steve
· Feb 4, 2010
Klein, Ron
· Feb 4, 2010
Kosmas, Suzanne
· Feb 4, 2010
McMahon, Michael
· Feb 4, 2010
 D
Peters, Gary C.
Michigan · Feb 4, 2010
 D
Wasserman Schultz, Debbie
Florida · Feb 4, 2010
 D
Welch, Peter
Vermont · Feb 4, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4598: Express Loans Improvements Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4598/
MLA
"H.R. 4598: Express Loans Improvements Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4598/.
Bluebook (legal)
H.R. 4598, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4598/.
Markdown link
[H.R. 4598: Express Loans Improvements Act of 2010](https://openamerica.io/bill/111-HR-4598/)
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