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HR 5412 111th Congress House Commerce Business investment and capital Government employee pay, benefits, personnel management Government lending and loan guarantees Small Business Administration Small business

Small Business Asset Investment and Modernization (AIM) Act of 2010

Introduced: May 26, 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
May 26, 2010
Referred to the House Committee on Small Business.
May 26, 2010
Sponsor introductory remarks on measure. (CR H3842-3843)
May 26, 2010
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Asset Investment and Modernization (AIM) Act of 2010 - Amends the Small Business Investment Act of 1958 concerning the 504 program (Small Business Administration [SBA] financings to small businesses through certified development companies) to increase maximum program loan amounts.

Authorizes the Administrator of the SBA, from the date of enactment of this Act through FY2012, to approve under such program the refinancing of indebtedness that is secured by a lien on commercial real estate or equipment of a small business, under specified terms and conditions. Limits to $7.5 billion the total amount of such financing in a fiscal year. Authorizes the Administrator, in order to carry out such program, to make personnel appointments of at least one year and not more than six years. Allows the Administrator to eliminate the pension offset for the reemployment of retired federal employees for such purposes.

What's happening now May 26, 2010

Referred to the House Committee on Small Business.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 14
All 14 Democratic 5
D
Himes, James A.
Connecticut · Jun 24, 2010
 D
Sánchez, Linda T.
California · Jun 22, 2010
Hodes, Paul
· Jun 9, 2010
Bright, Bobby
· May 26, 2010
Dahlkemper, Kathleen
· May 26, 2010
Ellsworth, Brad
· May 26, 2010
Halvorson, Deborah
· May 26, 2010
HILL, BARON
· May 26, 2010
Klein, Ron
· May 26, 2010
Markey, Betsy
· May 26, 2010
Murphy, Scott
· May 26, 2010
 D
Peters, Gary C.
Michigan · May 26, 2010
 D
Quigley, Mike
Illinois · May 26, 2010
 D
Welch, Peter
Vermont · May 26, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5412: Small Business Asset Investment and Modernization (AIM) Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-5412/
MLA
"H.R. 5412: Small Business Asset Investment and Modernization (AIM) Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-5412/.
Bluebook (legal)
H.R. 5412, 111th Cong. (2026), https://openamerica.io/bill/111-HR-5412/.
Markdown link
[H.R. 5412: Small Business Asset Investment and Modernization (AIM) Act of 2010](https://openamerica.io/bill/111-HR-5412/)
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