3.0.0 5517 2023-01-13T04:48:24Z 2023-01-13T04:48:24Z House H HR 2006-05-25 109 hssm00 Small Business Committee House Standing Referred to 2006-05-25T14:02:00Z 2006-05-26 Sponsor introductory remarks on measure. (CR E977) IntroReferral B00100 9 Library of Congress 2006-05-25 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2006-05-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-05-25 Introduced in House IntroReferral 1000 9 Library of Congress U000039 Rep. Udall, Tom [D-NM-3] TOM UDALL D NM 3 N E000172 Rep. Emerson, Jo Ann [R-MO-8] JO EMERSON R MO ANN 8 2006-05-25 True K000078 Rep. Kelly, Sue W. [R-NY-19] SUE KELLY R NY W. 19 2006-05-25 True M001149 Rep. Michaud, Michael H. [D-ME-2] Michael Michaud D ME H. 2 2006-05-25 True Commerce Armed Forces and National Security Business education Debt Economics and Public Finance Education Entrepreneurs Federally-guaranteed loans Fees Finance and Financial Sector Government lending Grants-in-aid Interest Labor and Employment Military bases Small business Veterans' education Veterans' employment Veterans' loans Vocational and technical education Commerce 00 2006-05-25 Introduced in House 2006-09-07T17:01:18Z Seeds for Soldiers Act - Authorizes the Administrator of the Small Business Administration (SBA), using loan authority under the Small Business Act, to make loans to small businesses owned and controlled by veterans. Allows such loans to be made for any business purpose, including the refinancing of outstanding business debt. Defers loan principal payments for one year after loan issuance. Prohibits the total amount outstanding and committed to a borrower from exceeding $3 million. Provides conditions under which the Administrator may participate in SBA-guaranteed loans to such businesses, including collection of a loan guarantee fee. Terminates the loan authority at the end of 2008.

Directs the Administrator to make grants to small business development centers to enable such centers to provide to veterans a program of assistance that includes training in a vocational or technical trade and entrepreneurial assistance in establishing and operating a small business that provides services in such trade. Provides a minimum grant amount of $500,000. Terminates the grant authority at the end of 2008.

]]> Seeds for Soldiers Act Display Title Seeds for Soldiers Act Official Title as Introduced To amend the Small Business Act to establish a temporary loan program and a temporary vocational development program for small business concerns owned and controlled by veterans. Introduced in House IH Short Titles as Introduced Seeds for Soldiers Act Introduced in House 2006-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr5517ih/xml/BILLS-109hr5517ih.xml 2006-05-26 Sponsor introductory remarks on measure. (CR E977) 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.