3.0.0 8199 2023-01-11T13:44:04Z 2023-01-11T13:44:04Z House HR 2020-09-11 116 [Congressional Record Volume 166, Number 157 (Friday, September 11, 2020)][House][Pages H4336-H4337]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BISHOP of North Carolina:H.R. 8199.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have Power to . . . provide for the . .. general Welfare of the United States; . . .Article I, Section 8, Clause 3The Congress shall have Power . . . To regulate Commercewith foreign Nations, and[[Page H4337]]among the several States, and with the Indian Tribes.]]> sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2020-12-07T23:31:16Z hssm00 Small Business Committee House Standing Markup by 2020-09-16T17:30:00Z Referred to 2020-09-11T17:00:05Z 2020-12-07 sssb00 Small Business and Entrepreneurship Committee Senate Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2020-12-03 15:47:48 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2020-12-03 15:47:46 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6076-6077) Floor H37300 2 House floor actions 2020-12-03 15:47:46 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H6076-6077) Floor 8000 9 Library of Congress 2020-12-03 15:37:55 DEBATE - The House proceeded with forty minutes of debate on H.R. 8199. Floor H8D000 2 House floor actions 2020-12-03 15:37:49 Considered under suspension of the rules. (consideration: CR H6076-6078) Floor H30000 2 House floor actions 2020-12-03 15:37:26 Ms. Velazquez moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2020-09-16 hssm00 Small Business Committee 1 House committee actions Ordered to be Reported by Voice Vote. Committee 2020-09-16 hssm00 Small Business Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2020-09-11 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2020-09-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-09-11 Introduced in House IntroReferral 1000 9 Library of Congress B001311 Rep. Bishop, Dan [R-NC-9] Dan Bishop R NC 9 N C001119 Rep. Craig, Angie [D-MN-2] Angie Craig D MN 2 2020-09-11 True D000630 Rep. Delgado, Antonio [D-NY-19] Antonio Delgado D NY 19 2020-09-29 False Commerce Administrative law and regulatory procedures Administrative remedies Banking and financial institutions regulation Business records Financial services and investments Small Business Administration Small business User charges and fees Commerce 00 2020-09-11 Introduced in House 2020-12-01T19:53:09Z 504 Credit Risk Management Improvement Act of 2020

This bill revises the duties of the Office of Credit Risk Management to include oversight of a certified development company (CDC) that participates in the 504 Loan Program of the Small Business Administration (SBA), and it requires the SBA to issue rules related to certain environmental requirements. The 504 Loan Program provides a small business with SBA financing—through a CDC intermediary—for expansion or modernization.

Specifically, the bill requires the office to oversee any CDC that participates in the program and to conduct file reviews with respect to loan closings under the program. Further, the bill authorizes the office to take formal and informal enforcement actions against a CDC for specified violations and to charge each CDC a fee.

The SBA must issue rules to clarify the procedures necessary for an eligible CDC to comply with certain environmental requirements.

]]> 53 2020-12-03 Passed House 2020-12-08T15:31:49Z 504 Credit Risk Management Improvement Act of 2020

This bill revises the duties of the Office of Credit Risk Management to include oversight of a certified development company (CDC) that participates in the 504 Loan Program of the Small Business Administration (SBA), and it requires the SBA to issue rules related to certain environmental requirements. The 504 Loan Program provides a small business with SBA financing—through a CDC intermediary—for expansion or modernization.

Specifically, the bill requires the office to oversee any CDC that participates in the program and to conduct file reviews with respect to loan closings under the program. Further, the bill authorizes the office to take formal and informal enforcement actions against a CDC for specified violations and to charge each CDC a fee.

The SBA must issue rules to clarify the procedures necessary for an eligible CDC to comply with certain environmental requirements.

]]> 504 Credit Risk Management Improvement Act of 2020 Display Title 504 Credit Risk Management Improvement Act of 2020 Short Title(s) as Passed House 504 Credit Risk Management Improvement Act of 2020 H House Engrossed in House EH Official Title as Introduced To amend the Small Business Act to enhance the Office of Credit Risk Management, to require the Administrator of the Small Business Administration to issue rules relating to environmental obligations of certified development companies, and for other purposes. Engrossed in House EH Short Title(s) as Introduced 504 Credit Risk Management Improvement Act of 2020 Introduced in House IH Short Titles as Passed House 504 Credit Risk Management Improvement Act of 2020 H House Referred in Senate 2020-12-07T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8199rfs/xml/BILLS-116hr8199rfs.xml Engrossed in House 2020-12-03T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8199eh/xml/BILLS-116hr8199eh.xml Introduced in House 2020-09-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8199ih/xml/BILLS-116hr8199ih.xml 2020-12-07 Received in the Senate and 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.