3.0.0 4191 2019-11-15T20:54:49Z 2019-11-15T20:54:49Z House H HR 2012-03-08 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SCHRADER:H.R. 4191.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the power granted toCongress under Article I, Section 8, Clause 3 of the UnitedStates Constitution.[Page H1306]]]> hsba00 Financial Services Committee House Standing hsba15 Consumer Protection and Financial Institutions Subcommittee Referred to 2012-04-26T14:54:28Z Referred to 2012-03-08T15:01:05Z hssm00 Small Business Committee House Standing Referred to 2012-03-08T15:01:00Z 2012-04-26 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Referred to the Subcommittee on Financial Institutions and Consumer Credit. Committee 2012-03-08 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2012-03-08 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. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2012-03-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-03-08 Introduced in House IntroReferral 1000 9 Library of Congress S001180 Rep. Schrader, Kurt [D-OR-5] Kurt Schrader D OR 5 N C000266 Rep. Chabot, Steve [R-OH-1] STEVE CHABOT R OH 1 2012-03-08 True Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Credit and credit markets Government lending and loan guarantees Small Business Administration Small business Finance and Financial Sector 00 2012-03-08 Introduced in House 2012-04-23T20:31:33Z Credit Union Small Business Lending Act - Directs the Administrator of the Small Business Administration (SBA) to establish a dedicated process by which credit unions participating in a certain small business loan program may receive approvals and repurchases concerning program loan guarantees.

Requires such process to: (1) be distinct from that used by participating non-credit unions, and (2) make use of existing agency resources.

Amends the Small Business Act to direct the SBA Administrator to implement a program to: (1) provide outreach and assistance to credit unions to increase their participation in the SBA small business loan program, (2) simplify the application process for such participation, and (3) provide a guaranty of up to 85% for loans made by credit unions to their members in underserved areas.

]]> Credit Union Small Business Lending Act Short Titles as Introduced Credit Union Small Business Lending Act Display Title Credit Union Small Business Lending Act Official Title as Introduced To amend the Federal Credit Union Act and the Small Business Act to improve small business lending, improve cooperation between the National Credit Union Administration and the Small Business Administration, and for other purposes. Introduced in House 2012-03-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr4191ih/xml/BILLS-112hr4191ih.xml 2012-04-26 Referred to the Subcommittee on Financial Institutions and Consumer Credit. 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.