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  <bill>
    <number>2281</number>
    <updateDate>2023-01-11T13:19:17Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:19:17Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2009-05-06</introducedDate>
    <congress>111</congress>
    <committees>
      <item>
        <systemCode>hssm00</systemCode>
        <name>Small Business Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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          <item>
            <systemCode>hssm19</systemCode>
            <name>Finance and Tax</name>
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              <item>
                <name>Referred to</name>
                <date>2009-05-06T14:19:51Z</date>
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        <activities>
          <item>
            <name>Referred to</name>
            <date>2009-05-06T14:04:47Z</date>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2009-05-06T14:04:48Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2009-05-06</actionDate>
        <committees>
          <item>
            <systemCode>hssm19</systemCode>
            <name>Finance and Tax</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Referred to the Subcommittee on Finance and Tax.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2009-05-06</actionDate>
        <text>Referred to House Financial Services</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2009-05-06</actionDate>
        <text>Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
        <type>IntroReferral</type>
        <actionCode>H11100-A</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2009-05-06</actionDate>
        <text>Referred to House Small Business</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hssm00</systemCode>
            <name>Small Business Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2009-05-06</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2009-05-06</actionDate>
        <text>Introduced in House</text>
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        <actionCode>1000</actionCode>
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          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>K000365</bioguideId>
        <fullName>Rep. Kagen, Steve [D-WI-8]</fullName>
        <firstName>Steve</firstName>
        <lastName>Kagen</lastName>
        <party>D</party>
        <state>WI</state>
        <district>8</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>E000063</bioguideId>
        <fullName>Rep. Edwards, Chet [D-TX-17]</fullName>
        <firstName>CHET</firstName>
        <lastName>EDWARDS</lastName>
        <party>D</party>
        <state>TX</state>
        <district>17</district>
        <sponsorshipDate>2009-05-06</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Commerce</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Government lending and loan guarantees</name>
        </item>
        <item>
          <name>Interest, dividends, interest rates</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2009-05-06</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2009-05-27T21:13:11Z</updateDate>
        <text><![CDATA[ <p>Small Business Opportunity Act of 2009 - Directs the Administrator of the Small Business Administration (SBA) to establish and implement a program under which the Administrator shall pay, with respect to each SBA-guaranteed small business loan entered into after the enactment of this Act, 100% of the interest due for the first year, 75% for the second year, and 50% for the third. Terminates the authority of the Administrator to make such payments at the end of the the third year following enactment of this Act.</p>]]></text>
      </summary>
    </summaries>
    <title>Small Business Opportunity Act of 2009</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Small Business Opportunity Act of 2009</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To establish a temporary program in the Small Business Administration to assist small business concerns by decreasing interest payments for certain loans, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Small Business Opportunity Act of 2009</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2009-05-06T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr2281ih/xml/BILLS-111hr2281ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2009-05-06</actionDate>
      <text>Referred to the Subcommittee on Finance and Tax.</text>
    </latestAction>
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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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