3.0.0 3982 2023-01-13T04:49:56Z 2023-01-13T04:49:56Z House H HR 2005-10-06 109 hssm00 Small Business Committee House Standing Referred to 2005-10-06T14:02:45Z 2005-10-06 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2005-10-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-10-06 Introduced in House IntroReferral 1000 9 Library of Congress D000429 Rep. Doolittle, John T. [R-CA-4] JOHN DOOLITTLE R CA T. 4 N Commerce Congress Congressional reporting requirements Corporate governance Corporate management Corporation directors Government Operations and Politics Government paperwork Loans Small business Commerce 00 2005-10-06 Introduced in House 2005-11-01T22:20:38Z Small Business Freedom to Lend Act of 2005 - Directs the Administrator of the Small Business Administration (SBA) to establish a three-year pilot program to permit an eligible certified development company (CDC) to make loans (for small business development) in any state that is contiguous to its the state of incorporation. Makes eligible CDCs that are designated as either an accredited or premier certified lender under the Small Business Investment Act of 1958. Removes the requirement that such a CDC maintain, in each state in which it makes or intends to make loans, separate and distinct memberships, officers, boards of directors, and loan committees.

Amends the Small Business Investment Act of 1958 to allow an officer, director, or manager of one qualified state or local development company to serve as an officer, director, or manager of another qualified state or local development company.

]]> Small Business Freedom to Lend Act of 2005 Display Title Small Business Freedom to Lend Act of 2005 Official Title as Introduced To establish a pilot program to eliminate certain restrictions on eligible certified development companies. Introduced in House IH Short Titles as Introduced Small Business Freedom to Lend Act of 2005 Introduced in House 2005-10-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr3982ih/xml/BILLS-109hr3982ih.xml 2005-10-06 Referred to the House Committee on Small Business. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.