Bill
Bill > HR2950
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Small Business Administration 504 Loan Refinancing Extension Act of 2011 - Amends the Small Business Jobs Act of 2010 to extend through September 27, 2013 (under current law, through September 27, 2012) the authority for Small Business Administration (SBA) refinancing of small business debt not involving business expansion under the SBA's local development business loan program.
AI Summary
This bill, titled the Small Business Administration 504 Loan Refinancing Extension Act of 2011, extends the authority for the Small Business Administration (SBA) to refinance existing small business debt, specifically under the SBA's local development business loan program, which is a program designed to help small businesses access capital. The extension pushes the deadline for this refinancing option from September 27, 2012, to September 27, 2013, allowing more small businesses to take advantage of this provision, which does not require the business to be expanding.
Committee Categories
Business and Industry
Sponsors (19)
Jason Altmire (D),
Robert Andrews (D),
Joe Baca (D),
John Barrow (D),
Timothy Bishop (D),
Dan Boren (D),
Dennis Cardoza (D),
Judy Chu (D),
Joe Courtney (D),
Henry Cuellar (D),
Joe Donnelly (D),
Michael Honda (D),
Jim Matheson (D),
Mike McIntyre (D),
Michael Michaud (D),
Mike Ross (D),
Adam Schiff (D),
David Scott (D),
Heath Shuler (D),
Last Action
Referred to the House Committee on Small Business. (on 09/15/2011)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/house-bill/2950/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112hr2950ih/pdf/BILLS-112hr2950ih.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112hr2950ih/pdf/BILLS-112hr2950ih.pdf.pdf |
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