S 174 · 107th Congress 2001โ€“2003, ended

Microloan Program Improvement Act of 2001

Latest action · Apr 17, 2002 Ordered to be Reported (Amended).

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJan 24, 2001
  2. Passed SenateNov 16, 2001
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Microloan Program Improvement Act of 2001 - Amends provisions of the Small Business Act concerning the Microloan program (a program of start-up loans to small businesses) to: (1) remove the requirement that such loans be short-term; (2) allow up to 35 (currently 25) percent of grant funds made to intermediaries to be used to provide technical assistance to small businesses that are prospective borrowers under the program; and (3) authorize the Administrator of the Small Business Administration to use up to $1 million of the annual appropriations for technical assistance grants to subcontract with one or more national trade associations of eligible intermediaries or other knowledgeable entities to provide peer-to-peer capacity building and training to lenders and organizations seeking to become lenders under the program.

Authorizes the Administrator to make reduced interest rate loans to intermediaries that make Microloan small business loans which average not more than $10,000 (currently $7,500).

Cosponsors 18

Members who signed on, in the order they did. Signatures ran from Jan 24, 2001 to Jul 17, 2001; 12 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-MICarl LevinOriginalJan 24, 2001
R-MOChristopher S. BondOriginalJan 24, 2001
D-WIHerb KohlOriginalJan 24, 2001
D-NMJeff BingamanOriginalJan 24, 2001
I-CTJoseph I. LiebermanOriginalJan 24, 2001
D-LAMary L. LandrieuOriginalJan 24, 2001
D-GAMax ClelandOriginalJan 24, 2001
R-WYMichael B. EnziOriginalJan 24, 2001
R-MEOlympia J. SnoweOriginalJan 24, 2001
D-MNPaul D. WellstoneOriginalJan 24, 2001
D-SDTim JohnsonOriginalJan 24, 2001
D-IATom HarkinOriginalJan 24, 2001
D-SDThomas A. DaschleJan 29, 2001
D-NDKent ConradFeb 1, 2001
R-MTConrad R. BurnsFeb 8, 2001
D-HIDaniel K. InouyeFeb 13, 2001
D-MTMax BaucusMay 2, 2001
R-VTJames M. JeffordsJul 17, 2001

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateSmall Business and Entrepreneurship Committee
Referred Jan 24, 2001Markup Feb 28, 2001Reported Jun 1, 2001
HouseSmall Business Committee
Referred Nov 19, 2001Markup Apr 17, 2002

Actions 13

Everything that happened, newest first.

  1. Apr 17, 2002Committee Consideration and Mark-up Session Held.
  2. Apr 17, 2002Ordered to be Reported (Amended).
  3. Nov 19, 2001Message on Senate action sent to the House.
  4. Nov 19, 2001Received in the House.
  5. Nov 19, 2001Referred to the House Committee on Small Business.

In the Congressional Record 2

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
SenateDebate and remarks S12013, S12014Text printed S12014Amendments S12013Harry Reid D-NV, John F. Kerry D-MA (amendment)Nov 16, 2001
SenateDebate and remarks S548, S549Text printed S549John F. Kerry D-MA (text), Mary L. Landrieu D-LAJan 24, 2001

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Committee report

Congressional Budget Office cost estimates 4

  1. Apr 29, 2002S. 174, Microloan Program Improvement Act of 2002<p>Cost estimate for the bill as ordered reported by the House Committee on Small Business on April 17, 2002</p>
  2. Apr 29, 2002S. 174, Microloan Program Improvement Act of 2002Cost estimate for the bill as ordered reported by the House Committee on Small Business on April 17, 2002
  3. Mar 16, 2001S. 174, Microloan Program Improvement Act of 2001<p>Cost estimate for the bill as ordered reported by the Senate Committee on Small Business on February 28, 2001</p>
  4. Mar 16, 2001S. 174, Microloan Program Improvement Act of 2001Cost estimate for the bill as ordered reported by the Senate Committee on Small Business on February 28, 2001

Printed hearings 1

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

NumberHearingCommitteeHeld
S. Hrg. 107-359COMPETITION IN THE PHARMACEUTICAL MARKETPLACE: ANTITRUST IMPLICATIONS OF PATENT SETTLEMENTS53 pagesJudiciary CommitteeMay 24, 2001

Amendments 1

Amendments offered to this bill.

AmendmentDescriptionOffered byStatus
SA 2164To correct a loan amount for purposes of the small business microplan program.John F. Kerry D-MAAmendment SA 2164 agreed to in Senate by Unanimous Consent.

Titles 4

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to amend the Small Business Act with respect to the microloan program, and for other purposes.
Short Titles as Introduced
Microloan Program Improvement Act of 2001
Short Titles as Reported to Senate
Microloan Program Improvement Act of 2001
Short Titles as Passed Senate
Microloan Program Improvement Act of 2001

Subjects

Assigned by the Library of Congress. Policy area: Commerce.

Text 4

Each version as it was printed, newest first.

  1. Nov 19, 2001Referred in House
  2. Nov 16, 2001Engrossed in Senate
  3. Jun 1, 2001Reported to Senate
  4. Jan 24, 2001Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.