[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 194 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 194

  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 4, 2005

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>