S 1005 · 110th Congress 2007–2009, ended

Military Reservist and Veteran Small Business Reauthorization Act of 2007

Fact sheet

Latest action · Mar 28, 2007 Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S4051-4053)

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. IntroducedMar 28, 2007
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Military Reservist and Veteran Small Business Reauthorization Act of 2007 - Amends the Small Business Act to: (1) authorize grants of up to $25,000 for small business assistance for members of the reserves called or ordered to active duty (reservists); (2) allow the Administrator of the Small Business Administration (SBA) to make noncollateralized small business loans to such reservists; (3) direct the Administrator to establish a loan preapproval process for small business loans to such reservists; and (4) direct the Administrator to develop an outreach and technical assistance program with respect to loans and grants made to such reservists.

National Reservist Enterprise Transition and Sustainability Act of 2007 - Directs the Administrator to establish a program to provide business planning assistance to small businesses owned and operated by reservists.

Authorizes SBA loans of up to $100,000 to new veteran entrepreneurs.

Provides increased funding for FY2008-FY2010 for the SBA's Office of Veterans Business Development.

Extends permanently the SBA's Advisory Committee on Veterans Business Affairs.

Cosponsors 4

Members who signed on, in the order they did. All signed on Mar 28, 2007.

SeatCosponsorSigned on
D-MDBenjamin L. CardinOriginalMar 28, 2007
R-NEChuck HagelOriginalMar 28, 2007
D-MTJon TesterOriginalMar 28, 2007
D-ARMark L. PryorOriginalMar 28, 2007

Actions 3

Everything that happened, newest first.

  1. Mar 28, 2007Introduced in Senate
  2. Mar 28, 2007Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S4051-4053)
  3. Mar 28, 2007Sponsor introductory remarks on measure. (CR S4050-4051)

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 1784Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2007Related billDec 19, 2007

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Mar 28, 2007Introduced 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.