A bill to improve the calculation of the Federal subsidy rate with respect to certain small business loans, and for other purposes.
Latest action · Feb 25, 2003 Became Public Law No: 108-8.
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.
- IntroducedJan 10, 2003
- Passed SenateJan 10, 2003
- Passed HouseFeb 11, 2003
- To the PresidentFeb 14, 2003
- Became lawFeb 25, 2003Public Law 108-8
Summary
Authorizes the Director of the Office of Management and Budget (OMB), in calculating the Federal cost for guaranteeing small business loans under the Small Business Act during FY 2003, to use the most recently approved subsidy cost model and methodology in conjunction with the program and economic assumptions, and historical data included in the FY 2003 budget. Requires the Small Business Administration, after written notification to Congress, to implement the validated, OMB-approved subsidy rate for FY 2003, using this model and methodology.
Cosponsors 10
Members who signed on, in the order they did. Signatures ran from Jan 10, 2003 to Feb 10, 2003; 9 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MI | Carl Levin | Original | Jan 10, 2003 |
| R-MO | Christopher S. Bond | Original | Jan 10, 2003 |
| R-MT | Conrad R. Burns | Original | Jan 10, 2003 |
| R-VA | George Allen | Original | Jan 10, 2003 |
| D-MA | John F. Kerry | Original | Jan 10, 2003 |
| D-LA | Mary L. Landrieu | Original | Jan 10, 2003 |
| R-WY | Michael B. Enzi | Original | Jan 10, 2003 |
| R-ID | Mike Crapo | Original | Jan 10, 2003 |
| R-UT | Robert F. Bennett | Original | Jan 10, 2003 |
| I-CT | Joseph I. Lieberman | Feb 10, 2003 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Budget Committee | Referred Jan 27, 2003 |
| House | Small Business Committee | Referred Jan 27, 2003 |
Actions 13
Everything that happened, newest first.
- Feb 25, 2003Signed by President.
- Feb 25, 2003Became Public Law No: 108-8.
- Feb 14, 2003Presented to President.
- Feb 11, 2003Mr. Nussle moved to suspend the rules and pass the bill.
- Feb 11, 2003Considered under suspension of the rules. (consideration: CR H354-361)
- Feb 11, 2003DEBATE - The House proceeded with forty minutes of debate on S. 141.
- Feb 11, 2003Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H354)
- Feb 11, 2003Motion to reconsider laid on the table Agreed to without objection.
- Jan 27, 2003Received in the House.
- Jan 27, 2003Message on Senate action sent to the House.
- Jan 27, 2003Referred to the Committee on the Budget, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Jan 10, 2003Introduced in Senate
- Jan 10, 2003Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S206-207; text as passed Senate: CR S207)
In the Congressional Record 4
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.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S4697 | — | Apr 2, 2003 |
| Extensions | Debate and remarks E227 | James R. Langevin D-RI | Feb 13, 2003 |
| House | Debate and remarks H354–H361Text printed H354 | Bill Pascrell, Jr. D-NJ, Danny K. Davis D-IL, Darrell Issa R-CA, Donald A. Manzullo R-IL, Donna M. Christensen D-VI, Jim Nussle R-IA, John M. Spratt, Jr. D-SC, Juanita Millender-McDonald D-CA, Lucille Roybal-Allard D-CA, Nydia M. Velázquez D-NY, Ruben Hinojosa D-TX, Stephanie Tubbs Jones D-OH | Feb 11, 2003 |
| Senate | Debate and remarks S206, S207Text printed S207 | Olympia J. Snowe R-ME, William H. Frist R-TN | Jan 10, 2003 |
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.
Printed hearings 3
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 108-238 | SBA REAUTHORIZATION: CREDIT PROGRAMS (PART I) ROUNDTABLE187 pages | Small Business and Entrepreneurship Committee | Apr 30, 2003 |
| Serial No. 108-4 | TO SBA FINANCING PROGRAMS NEEDED FORREVITALIZATION OF SMALL MANUFACTURERS107 pages | Small Business Committee | Mar 20, 2003 |
| Serial No. 108-9 | THE SBA FY 2004 BUDGET93 pages | Small Business Committee | Feb 26, 2003 |
CRS reports 3
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 3
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| RL31365 | Unauthorized Alien Students: Legislation in the 107th and 108th Congresses Archived | Report | Jan 17, 2007 |
| RL31812 | Appropriations for FY2004: Legislative Branch Archived | Report | Jan 16, 2004 |
| RL31301 | Appropriations for FY2003: U.S. Department of Agriculture and Related Agencies Archived | Report | Mar 4, 2003 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to improve the calculation of the Federal subsidy rate with respect to certain small business loans, and for other purposes.
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 4
Each version as it was printed, newest first.
- —Enrolled Bill
- Jan 27, 2003Referred in House
- Jan 10, 2003Engrossed in Senate
- Jan 10, 2003Considered and Passed Senate
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.