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  <bill>
    <number>985</number>
    <updateDate>2023-01-11T19:45:24Z</updateDate>
    <updateDateIncludingText>2023-01-11T19:45:24Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2007-03-26</introducedDate>
    <congress>110</congress>
    <committees>
      <item>
        <systemCode>sssb00</systemCode>
        <name>Small Business and Entrepreneurship Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2007-03-26T19:18:59Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2007-03-26</actionDate>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Small Business and Entrepreneurship.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2007-03-26</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>L000261</bioguideId>
        <fullName>Sen. Levin, Carl [D-MI]</fullName>
        <firstName>CARL</firstName>
        <lastName>LEVIN</lastName>
        <party>D</party>
        <state>MI</state>
        <middleName>MILTON</middleName>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Commerce</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Community development</name>
        </item>
        <item>
          <name>Community development banking</name>
        </item>
        <item>
          <name>Congress</name>
        </item>
        <item>
          <name>Congressional reporting requirements</name>
        </item>
        <item>
          <name>Credit</name>
        </item>
        <item>
          <name>Depressed areas</name>
        </item>
        <item>
          <name>Economic development</name>
        </item>
        <item>
          <name>Economics and Public Finance</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Government lending</name>
        </item>
        <item>
          <name>Government paperwork</name>
        </item>
        <item>
          <name>Housing and Community Development</name>
        </item>
        <item>
          <name>Indian economic development</name>
        </item>
        <item>
          <name>Infrastructure</name>
        </item>
        <item>
          <name>Job creation</name>
        </item>
        <item>
          <name>Labor and Employment</name>
        </item>
        <item>
          <name>Legislation</name>
        </item>
        <item>
          <name>Minorities</name>
        </item>
        <item>
          <name>Nonprofit organizations</name>
        </item>
        <item>
          <name>Poverty</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
        <item>
          <name>Social Welfare</name>
        </item>
        <item>
          <name>Unemployment</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-03-26</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2007-05-10T22:13:30Z</updateDate>
        <text><![CDATA[ <p>Small Business Intermediary Lending Pilot Program Act of 2007 - Establishes a three-year small business intermediary lending pilot program under which the Administrator of the Small Business Administration (SBA) may make direct loans to eligible nonprofit lending intermediaries for the purpose of making fixed interest rate and mid-size loans ($35,000 to $200,000) to startup, newly-established, and growing small businesses. Authorizes the Administrator, under the program, to make one percent, 20-year loans of up to $1 million, on a competitive basis, to up to 20 lending intermediaries. Requires geographic diversity and representation of urban and rural communities under the program.</p>]]></text>
      </summary>
    </summaries>
    <title>Small Business Intermediary Lending Pilot Program Act of 2007</title>
    <titles>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to establish a pilot program to provide low interest loans to nonprofit, community-based lending intermediaries, to provide midsize loans to small business concerns, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>Small Business Intermediary Lending Pilot Program Act of 2007</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Small Business Intermediary Lending Pilot Program Act of 2007</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2007-03-26T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-110s985is/xml/BILLS-110s985is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2007-03-26</actionDate>
      <text>Read twice and referred to the Committee on Small Business and Entrepreneurship.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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