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HR 6191 111th Congress House Commerce Building construction Government lending and loan guarantees Land transfers Small business

To amend the Small Business Jobs Act of 2010 to include certain construction and land development loans in the definition of small business lending.

Introduced: September 23, 2010 See on congress.gov
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 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2010
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sep 28, 2010
Motion to reconsider laid on the table Agreed to without objection.
Sep 28, 2010
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H7081)
Sep 28, 2010
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H7081)
Sep 28, 2010
DEBATE - The House proceeded with forty minutes of debate on H.R. 6191.
Sep 28, 2010
Considered under suspension of the rules. (consideration: CR H7081-7082)
Sep 28, 2010
Mr. Miller (NC) moved to suspend the rules and pass the bill.
Sep 23, 2010
Referred to the House Committee on Financial Services.
Sep 23, 2010
Introduced in House
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Amends the Small Business Jobs Act of 2010 to include in the definition of small business lending under such Act loans secured by real estate: (1) that are made to finance land development that is preparatory to erecting new structures, including improving land, laying sewers, and laying water pipes, or the on-site construction of industrial, commercial, residential, or farm buildings; (2) that is vacant land, except land known to be used or usable for agricultural purposes; (3) the proceeds of which are to be used to acquire and improve developed or undeveloped property; or (4) that are made under title I or title X of the National Housing Act.

Makes such inclusion applicable only to loans extended to small businesses in the construction industry.

What's happening now September 29, 2010

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1