[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3646 Introduced in House (IH)]







107th CONGRESS
  2d Session
                                H. R. 3646

  To amend the Small Business Act to increase the maximum amount for 
         which a loan can be made under the Microloan Program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 29, 2002

 Mr. Hillard introduced the following bill; which was referred to the 
                      Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
  To amend the Small Business Act to increase the maximum amount for 
         which a loan can be made under the Microloan Program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INCREASE OF MAXIMUM MICROLOAN AMOUNT.

    Section 7(m) of the Small Business Act (15 U.S.C. 636(m)) is 
amended in paragraphs (1)(B)(iii), (3)(E), and (11)(B) by striking 
``$35,000'' each place it appears and inserting ``$50,000''.
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