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To improve the access to capital programs of the Small Business Administration, and for other purposes. 4/25/2007--Passed House amended.    (There are 2 other summaries) Small Business Lending Improvements Act of 2007 - Title I: 7(A) Program - (Sec. 101) Amends the Small Business Act relating to the 7(a) (business start-up loan) program to authorize the Administrator of the Small Business Administration (SBA) to offset (contribute to) borrower and lender fees associated with 7(a) loans when funds are made available to the SBA for such contributions. Requires the quarterly adjustment of any contributions made. (Sec. 102) Directs the Administrator to carry out a rural lending outreach program to provide up to an 85 percent guaranty for loans of $250,000 or less made by lenders to small businesses in rural areas. Requires the SBA to approve or decline such loan within 36 hours. (Sec. 103) Directs the Administrator to carry out a permanent [...]

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Latest Actions
  • 05/01/2007 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 129.
  • 04/30/2007 - Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
  • 04/26/2007 - Received in the Senate.
  • 04/25/2007 - Rule H. Res. 330 passed House.
  • 04/25/2007 - Considered under the provisions of rule H. Res. 330. (consideration: CR H4108-4120)

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Bill Text
File name Last Updated
H.R.1332 Placed on Calendar in Senate08/31/2007
H.R.1332 Engrossed as Agreed to or Passed by House08/31/2007
H.R.1332 Reported in House08/31/2007
H.R.1332 Introduced in House08/31/2007