Skip to main content
S 2777 111th Congress Senate Commerce Business investment and capital Government lending and loan guarantees Small business

A bill to repeal the American Recovery Capital loan program of the Small Business Administration.

Introduced: November 16, 2009 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2009
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S11389)
Nov 16, 2009
Sponsor introductory remarks on measure. (CR S11388-11389)
Nov 16, 2009
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the American Recovery and Reinvestment Act of 2009 to repeal the small business stabilization program, under which the Administrator of the Small Business Administration (SBA) provides deferred loans to small businesses experiencing difficulty in repaying existing business debt.

What's happening now November 16, 2009

Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S11389)

 Committees of jurisdiction 1