http://www.washingtonwatch.com/bills info@washingtonwatch.com http://www.pjdoland.com/chai/?v=0.1 http://www.washingtonwatch.com/bills/history/110_SN_1256.html?rev=9821 <p>S. 1256 would amend the Small Business Act to reauthorize loan programs under that Act.</p> <h2 id="toc0"> Detailed Summary </h2> <p>Small Business Lending Reauthorization and Improvements Act of 2007 - Amends the Small Business Act and the Small Business Investment Act of 1958 to reauthorize for FY2007-FY2010 various loan programs for small businesses guaranteed by the Small Business Administration (SBA), including: (1) the microloan program; (2) general business loans; (3) certified development company (CDC) financings; (4) the PRIME program; and (5) disaster loans.</p> <p>Directs the SBA Administrator to establish a microenterprise technical assistance and capacity building grant program to provide training and technical assistance to disadvantaged entrepreneurs and microenterprise development organizations.</p> <p>Establishes the Small Business Intermediary Lending pilot program under which the Administrator provides direct loans to lending intermediaries for making loans to startup, newly established, and growing small businesses.</p> <p>Establishes a Preferred Lenders program under which the Administrator may authorize qualified lenders to make and service SBA-guaranteed loans.</p> <p>Establishes an Office of Minority Small Business Development, administered by the Associate Administrator for Minority Small Business Development.</p> <p>Increases certain SBA loan limits and lowers certain SBA loan fees.</p> <p>Renames the SBA's 504 loan program as the Local Development Business Loan program.</p> <p>Authorizes CDCs to: (1) issue debentures for the guarantee of loans to certain small businesses; and (2) use SBA loan proceeds to assist small, nonprofit child care businesses.</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc1"> Status of the Legislation </h2> <p>Latest Major Action: 9/12/2007: Placed on Senate Legislative Calendar under General Orders. Calendar No. 352.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc2"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc3"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 9821@http://www.washingtonwatch.com Thu, 13 Sep 2007 17:44:57 EDT http://www.washingtonwatch.com/bills/history/110_SN_1256.html?rev=2645 <p>S. 1256 would amend the Small Business Act to reauthorize loan programs under that Act.</p> <h2 id="toc4"> Detailed Summary </h2> <p>(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc5"> Status of the Legislation </h2> <p>Latest Major Action: 5/16/2007: Senate committee/subcommittee actions. Status: Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc6"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc7"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 2645@http://www.washingtonwatch.com Thu, 28 Jun 2007 13:18:12 EDT http://www.washingtonwatch.com/bills/history/110_SN_1256.html?rev=2646 <p>S. 1256 would amend the Small Business Act to reauthorize loan programs under that Act.</p> <h2 id="toc8"> Detailed Summary </h2> <p>Small Business Lending Reauthorization and Improvements Act of 2007 - Amends the Small Business Act and the Small Business Investment Act of 1958 to reauthorize for FY2007-FY2010 various loan programs for small businesses guaranteed by the Small Business Administration (SBA), including: (1) the microloan program; (2) general business loans; (3) certified development company (CDC) financings; (4) the PRIME program; and (5) disaster loans.</p> <p>Directs the SBA Administrator to establish a microenterprise technical assistance and capacity building grant program to provide training and technical assistance to disadvantaged entrepreneurs and microenterprise development organizations.</p> <p>Establishes the Small Business Intermediary Lending pilot program under which the Administrator provides direct loans to lending intermediaries for making loans to startup, newly established, and growing small businesses.</p> <p>Establishes a Preferred Lenders program under which the Administrator may authorize qualified lenders to make and service SBA-guaranteed loans.</p> <p>Establishes an Office of Minority Small Business Development, administered by the Associate Administrator for Minority Small Business Development.</p> <p>Increases certain SBA loan limits and lowers certain SBA loan fees.</p> <p>Renames the SBA's 504 loan program as the Local Development Business Loan program.</p> <p>Authorizes CDCs to: (1) issue debentures for the guarantee of loans to certain small businesses; and (2) use SBA loan proceeds to assist small, nonprofit child care businesses.</p> <!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --> <h2 id="toc9"> Status of the Legislation </h2> <p>Latest Major Action: 5/16/2007: Senate committee/subcommittee actions. Status: Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.</p> <!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --> <h2 id="toc10"> Points in Favor </h2> <p>(Log in to edit the wiki and be the first to show why the bill should pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> <h2 id="toc11"> Points Against </h2> <p>(Log in to edit the wiki and be the first to show why the bill should not pass!)<br /> <!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --> </p> 2646@http://www.washingtonwatch.com Thu, 28 Jun 2007 13:18:12 EDT