3.0.0 1828 2019-11-15T21:59:39Z 2019-11-15T21:59:39Z Senate S S 2011-11-08 112 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2011-11-08T23:40:32Z Increasing Small Business Lending Act of 2012 112 5851 HR 2012-05-18 Referred to the House Committee on Small Business. Related bill CRS 2011-11-08 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2011-11-08 Sponsor introductory remarks on measure. (CR S7193) IntroReferral B00100 9 Library of Congress 2011-11-08 Introduced in Senate IntroReferral 10000 9 Library of Congress K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES N Commerce Business investment and capital Government lending and loan guarantees Interest, dividends, interest rates Small business User charges and fees Commerce 00 2011-11-08 Introduced in Senate 2011-12-05T18:17:49Z Increasing Small Business Lending Act of 2011 - Amends the American Recovery and Reinvestment Act of 2009 to extend small business loan fee reductions and eliminations and small business loan guarantees under such Act to one year after the enactment of this Act.

Makes uniform between the Small Business Administration (SBA) section 7(a) loan program and the SBA local development business loan program the office space leasing policy, allowing up to 50% of a facility to be leased on either a new or existing building.

Allows the SBA Administrator to pool (combine for sale on the secondary market) SBA-guaranteed loans having various interest rates. (Currently, the SBA may pool only SBA-guaranteed loans having the same interest rate.) Requires interest rates on trust certificates representing shares of pooled loans to be the weighted average interest rate of such loans. Requires the SBA to provide to intermediary lenders at least one alternative interest rate other than the Wall Street prime rate.

]]> Increasing Small Business Lending Act of 2011 Short Titles as Introduced Increasing Small Business Lending Act of 2011 Display Title Increasing Small Business Lending Act of 2011 Official Title as Introduced A bill to increase small business lending, and for other purposes. Introduced in Senate 2011-11-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1828is/xml/BILLS-112s1828is.xml 2011-11-08 Read twice and referred to the Committee on Small Business and Entrepreneurship. 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.