[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2261 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                H. R. 2261

  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

                              May 22, 2003

Ms. Linda T. Sanchez of California 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''.
                                 <all>