3.0.0 2162 2023-01-13T04:49:17Z 2023-01-13T04:49:17Z Senate S S 2005-12-21 109 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2005-12-21T22:15:48Z 2005-12-21 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR 12/22/2005 S14324-14326) IntroReferral 2005-12-21 Sponsor introductory remarks on measure. (CR 12/22/2005 S14322-14323) IntroReferral B00100 9 Library of Congress 2005-12-21 Introduced in Senate IntroReferral 10000 9 Library of Congress S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. N Commerce Administrative procedure Armed Forces and National Security Authorization Bonds Building construction Business ethics Collection of accounts Compensation (Law) Conflict of interests Contractors Contracts Debt Debtor and creditor Depressed areas Economics and Public Finance Federally-guaranteed loans Fees Finance and Financial Sector Foreclosure Government Operations and Politics Government lending Government publications Housing and Community Development Infrastructure Interest rates Job creation Labor and Employment Land transfers Law Licenses Liens Loan defaults Loans Losses Minorities Minority business enterprises Mortgages Nonprofit organizations Public Lands and Natural Resources Settlement costs Small Business Administration Small business Social Welfare Subsidies Surety and fidelity Urban affairs Veterans' benefits Veterans' employment Women Women in business Commerce

00 2005-12-21 Introduced in Senate 2006-03-10T20:49:39Z Local Development Business Loan Program Act of 2005 - Amends the Small Business Act and the Small Business Investment Act of 1958 to, among other things: (1) state that the development company loan programs authorized under title V of the Small Business Act shall be known as the Local Development Business Loan Program (program); (2) authorize appropriations to the Administrator of the Small Business Administration (SBA) for financings under the program; (3) require qualified state or local development companies which do not apply to the SBA for foreclosure and liquidation of defaulted small business loans guaranteed by the SBA to contract with a qualified third party to perform such foreclosures and liquidations; (4) provide maximum loan eligibility and loan refinancing capacity for small businesses, including small businesses in low-income areas; (5) allow development companies to be designated as certified development companies and to issue debentures guaranteed by the SBA; and (6) provide development company operational authority, funding restrictions, and ethical requirements.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2005-12-21T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s2162is/xml/BILLS-109s2162is.xml 2005-12-21 Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR 12/22/2005 S14324-14326) 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.