3.0.0 3722 2023-01-11T13:17:55Z 2023-01-11T13:17:55Z House H HR 2009-10-06 111 hssm00 Small Business Committee House Standing hssm19 Finance and Tax Reported by 2009-10-08T21:49:24Z Markup by 2009-10-08T21:49:07Z Referred to 2009-10-06T21:24:38Z Referred to 2009-10-06T16:32:44Z Small Business Financing and Investment Act of 2009 111 3854 HR 2009-11-02 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. Text similarities House 2009-10-21 hssm00 Small Business Committee 1 House committee actions Provisions of Measure Incorporated into H.R. 3854. Committee 2009-10-08 hssm19 Finance and Tax 1 House committee actions Forwarded by Subcommittee to Full Committee by Voice Vote . Committee 2009-10-08 hssm19 Finance and Tax 1 House committee actions Subcommittee Consideration and Mark-up Session Held. Committee 2009-10-06 hssm19 Finance and Tax 1 House committee actions Referred to the Subcommittee on Finance and Tax. Committee 2009-10-06 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2009-10-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-10-06 Introduced in House IntroReferral 1000 9 Library of Congress K000368 Rep. Kirkpatrick, Ann [D-AZ-1] Ann Kirkpatrick D AZ 1 N Commerce Administrative law and regulatory procedures Alternative and renewable resources Business investment and capital Economic development Financial services and investments Manufacturing Small Business Administration Small business User charges and fees Commerce 00 2009-10-06 Introduced in House 2009-12-30T20:58:15Z Enhanced New Markets and Expanded Investment in Renewable Energy for Small Manufacturers Act of 2009 - Amends the Small Business Investment Act of 1958 to require (under current law, authorizes) the Administrator of the Small Business Administration (SBA) to participate in the new markets venture capital program (program) (a program under which investment companies provide capital financing to small businesses).

Requires the Administrator, in selecting companies for program participation, to approve at least one company from each SBA geographic region.

Provides for new market capital venture investment in, as well as operational assistance to, small businesses located in low-income geographic areas and engaged primarily in manufacturing.

Makes the SBA definition of "low-income geographic area" the same as the definition of "low-income community" under the Internal Revenue Code.

Expands SBA operational assistance to conditionally-approved companies. Directs the Administrator to grant each such company two years to satisfy capital and other requirements for such assistance.

Provides: (1) a streamlined application process for new market venture capital companies; and (2) a simplified formula for operational assistance grants.

Increases amounts allocated for investment in small businesses located in low-income geographic areas and engaged primarily in manufacturing.

Redesignates (thereby expanding) the SBA's renewable fuel capital investment program as the renewable energy capital investment program. Makes such program permanent (currently a pilot program). Makes eligible under such program all small businesses (under current law, only smaller enterprises). Requires (under current law, authorizes) the Administrator to participate in such program. Increases amounts allocated for operational assistance grants for renewable energy purposes.

]]> Enhanced New Markets and Expanded Investment in Renewable Energy for Small Manufacturers Act of 2009 Display Title Enhanced New Markets and Expanded Investment in Renewable Energy for Small Manufacturers Act of 2009 Official Title as Introduced To amend the Small Business Investment Act of 1958 to improve the New Markets Venture Capital and Renewable Fuel Capital Investment Programs, and for other purposes. Introduced in House IH Short Titles as Introduced Enhanced New Markets and Expanded Investment in Renewable Energy for Small Manufacturers Act of 2009 Introduced in House 2009-10-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr3722ih/xml/BILLS-111hr3722ih.xml 2009-10-21 Provisions of Measure Incorporated into H.R. 3854. 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.