H.R. 3854 - Small Business Financing and Investment Act of 2009
- Sponsor:
- Kurt Schrader
- Summary:
- To amend the Small Business Act and the Small Business Investment Act of 1958 to improve programs providing access to capital under such Acts, and for other purposes. (by CRS)
- Status:
- The bill was voted on in the House on October 29, 2009
- Amendments:
- 17 proposed amendments. 16 accepted. View amendments
PASSED on October 29, 2009.
1/2 required to pass
voted YES: 389
voted NO: 32
11 voted present/not voting
Small Business Financing and Investment Act of 2009
H.R. 3854 — 111th Congress (2009–2010)
- Summary
- To amend the Small Business Act and the Small Business Investment Act of 1958 to improve programs providing access to capital under such Acts, and for other purposes. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Small Business Act and the Small Business Investment Act of 1958 to improve programs providing access to capital under such Acts, and for other purposes.
- Other Titles
- Small Business Financing and Investment Act of 2009
- Small Business Financing and Investment Act of 2009
- Small Business Financing and Investment Act of 2009
- Sponsor
- Kurt Schrader
- Co-Sponsors
- Subjects
- Commerce
- Administrative remedies
- Alternative and renewable resources
- Business investment and capital
- Computers and information technology
- Credit and credit markets
- Disaster relief and insurance
- Economic development
- Government lending and loan guarantees
- Health information and medical records
- Health personnel
- Health technology, devices, supplies
- Interest, dividends, interest rates
- Licensing and registrations
- Manufacturing
- Rural conditions and development
- Securities
- Small Business Administration
- Small business
- Veterans' education, employment, rehabilitation
- Related Bills
- H.Res. 875 (111th) : Providing for Consideration of the Bill (H.R. 3854) to Amend the Small Business Act and the Small Business Investment Act of 1958 to Improve Programs Providing Access to Capital Under Such Acts, and for Other Purposes.
- H.R. 3014 (111th) : Small Business Health Information Technology Financing Act
- H.R. 3722 (111th) : Enhanced New Markets and Expanded Investment in Renewable Energy for Small Manufacturers Act of 2009
- H.R. 3723 (111th) : Small Business Credit Expansion and Loan Markets Stabilization Act of 2009
- H.R. 3737 (111th) : Small Business Microlending Expansion Act of 2009
- H.R. 3738 (111th) : Small Business Early-Stage Investment Act of 2009
- H.R. 3739 (111th) : Job Creation and Economic Development Through CDC Modernization Act of 2009
- H.R. 3740 (111th) : Small Business Investment Company Modernization Act of 2009
- H.R. 3743 (111th) : Small Business Disaster Readiness and Reform Act of 2009
- S. 2765 (111th) : Small Business Health Information Technology Financing Act of 2009
- Major Actions
Introduced 10/20/2009 Referred to Committee Amendments (17 proposed) Passed House 10/29/2009 - Bill History
-
Chamber/Committee Motion Date Result select this vote House On agreeing to the Velazquez amendment (A001) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Schock amendment (A002) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Schock amendment (A003) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Bright amendment (A004) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Kosmas amendment (A006) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Gingrey (GA) amendment (A007) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Kratovil amendment (A008) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Paulsen amendment (A009) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Massa amendment (A010) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Kissell amendment (A012) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Peters amendment (A013) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Miller (MI) amendment (A014) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Miller (MI) amendment (A015) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On agreeing to the Nye amendment (A016) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House Amendment 5 to H.R. 3854 10/29/2009 This amendment PASSED the House 370 voted YES 55 voted NO 13 voted present/not votingselect this vote House On agreeing to the Velazquez amendment (A017) Agreed to by voice vote. 10/29/2009 PASSED by voice vote select this vote House On Motion to Recommit with Instructions: H.R. 3854 Small Business Financing and Investment Act of 2009 10/29/2009 This motion PASSED the House 272 voted YES 149 voted NO 11 voted present/not votingcurrently selected House On Passage - House - H.R. 3854 Small Business Financing and Investment Act of 2009 10/29/2009 This bill PASSED the House 389 voted YES 32 voted NO 11 voted present/not votingAction Date Description Introduced 10/20/2009 10/20/2009 Referred to the House Committee on Small Business. 10/21/2009 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 10/21/2009 Ordered to be Reported by Voice Vote. 10/26/2009 Reported by the Committee on Small Business. H. Rept. 111-315. Put on a legislative calendar 10/26/2009 Placed on the Union Calendar, Calendar No. 181. 10/28/2009 Rules Committee Resolution H. Res. 875 Reported to House. Rule provides for consideration of H.R. 3854 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. The amendment printed in part A of the report of the Committee on Rules shall be considered as the original bill for the purpose of further amendment. 10/29/2009 Rule H. Res. 875 passed House. 10/29/2009 Considered under the provisions of rule H. Res. 875. 10/29/2009 Rule provides for consideration of H.R. 3854 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. The amendment printed in part A of the report of the Committee on Rules shall be considered as the original bill for the purpose of further amendment. 10/29/2009 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 875 and Rule XVIII. 10/29/2009 The Speaker designated the Honorable Jose E. Serrano to act as Chairman of the Committee. 10/29/2009 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3854. 10/29/2009 Amendment (A001) offered by Ms. Velazquez. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 20 minutes of debate on the Velazquez amendment. select this vote Vote 10/29/2009 On agreeing to the Velazquez amendment (A001) Agreed to by voice vote. 10/29/2009 Amendment (A002) offered by Mr. Schock. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Schock amendment #2. select this vote Vote 10/29/2009 On agreeing to the Schock amendment (A002) Agreed to by voice vote. 10/29/2009 Amendment (A003) offered by Mr. Schock. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Schock amendment #3. select this vote Vote 10/29/2009 On agreeing to the Schock amendment (A003) Agreed to by voice vote. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Bright amendment. 10/29/2009 Amendment (A004) offered by Mr. Bright. select this vote Vote 10/29/2009 On agreeing to the Bright amendment (A004) Agreed to by voice vote. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Flake amendment. 10/29/2009 Amendment (A005) offered by Mr. Flake. 10/29/2009 POSTPONED PROCEEDINGS - At the conclusion of debate on the Flake amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Ms. Velazquez demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. 10/29/2009 Amendment (A006) offered by Ms. Kosmas. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Kosmas amendment. select this vote Vote 10/29/2009 On agreeing to the Kosmas amendment (A006) Agreed to by voice vote. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Gingrey amendment. 10/29/2009 Amendment (A007) offered by Mr. Gingrey (GA). select this vote Vote 10/29/2009 On agreeing to the Gingrey (GA) amendment (A007) Agreed to by voice vote. 10/29/2009 Amendment (A008) offered by Mr. Kratovil. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Kratovil amendment. select this vote Vote 10/29/2009 On agreeing to the Kratovil amendment (A008) Agreed to by voice vote. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Paulsen amendment. 10/29/2009 Amendment (A009) offered by Mr. Paulsen. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Massa amendment. select this vote Vote 10/29/2009 On agreeing to the Paulsen amendment (A009) Agreed to by voice vote. 10/29/2009 Amendment (A010) offered by Mr. Massa. select this vote Vote 10/29/2009 On agreeing to the Massa amendment (A010) Agreed to by voice vote. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Foxx amendment. 10/29/2009 Amendment (A011) offered by Ms. Foxx. 10/29/2009 By unanimous consent, the Foxx amendment was withdrawn. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Kissell amendment. 10/29/2009 Amendment (A012) offered by Mr. Kissell. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Peters amendment. select this vote Vote 10/29/2009 On agreeing to the Kissell amendment (A012) Agreed to by voice vote. 10/29/2009 Amendment (A013) offered by Mr. Peters. select this vote Vote 10/29/2009 On agreeing to the Peters amendment (A013) Agreed to by voice vote. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Miller (MI) amendment No. 14. 10/29/2009 Amendment (A014) offered by Mrs. Miller (MI). 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Miller (MI) amendment No 15. select this vote Vote 10/29/2009 On agreeing to the Miller (MI) amendment (A014) Agreed to by voice vote. 10/29/2009 Amendment (A015) offered by Mrs. Miller (MI). select this vote Vote 10/29/2009 On agreeing to the Miller (MI) amendment (A015) Agreed to by voice vote. 10/29/2009 DEBATE - Pursuant to the provisions of H.Res. 875, the Committee of the Whole proceeded with 10 minutes of debate on the Nye amendment. 10/29/2009 Amendment (A016) offered by Mr. Nye. 10/29/2009 UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of a amendment which had been debated earlier and on which further proceedings had been postponed. select this vote Vote 10/29/2009 On agreeing to the Nye amendment (A016) Agreed to by voice vote. select this vote Vote 10/29/2009 Amendment 5 to H.R. 3854 10/29/2009 The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union. 10/29/2009 Mr. Cantor moved to recommit with instructions to Small Business. 10/29/2009 DEBATE - The House proceeded with 10 minutes of debate on the Cantor motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House with an amendment to conduct a study on additional credit risk factors. 10/29/2009 The previous question on the motion to recommit with instructions was ordered without objection. 10/29/2009 Amendment (A017) offered by Ms. Velazquez. select this vote Vote 10/29/2009 On agreeing to the Velazquez amendment (A017) Agreed to by voice vote. select this vote Vote 10/29/2009 On Motion to Recommit with Instructions: H.R. 3854 Small Business Financing and Investment Act of 2009 currently selected House Vote on Passage 10/29/2009 On Passage - House - H.R. 3854 Small Business Financing and Investment Act of 2009 11/02/2009 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. Number Sponsor Date Offered Status select this vote H. Amdt. 477 Velázquez, Nydia [D-NY7] October 29, 2009 Passed by voice vote on October 29, 2009. Managers' amendment makes technical and conforming changes to the bill.
select this vote H. Amdt. 478 Schock, Aaron [R-IL18] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment requires the SBA Administrator to pay the claim of a lender who demonstrates it followed the applicable requirements of the National Lender Training Program (Sec. 106), unless the SBA has clear and convincing evidence demonstrating that the lender failed to comply with regulatory requirements.
select this vote H. Amdt. 479 Schock, Aaron [R-IL18] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment requires quarterly reports on the SBA Administrators progress towards the expansion of the Renewable Energy Capital Investment Program and requires the SBA Administrator to establish regulations necessary to carry out the program within 180 days after enactment.
select this vote H. Amdt. 480 Bright, Bobby [D-AL2] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment requires each of the SBA district offices to establish a marketing plan for rural businesses regarding financing and investment alternatives; to designate an employer as a Rural Business Outreach Specialist; and to host at least one annual outreach seminar.
select this vote H. Amdt. 481 Flake, Jeff [R-AZ] October 29, 2009 Passed by roll call vote on October 29, 2009. Amendment prohibits the earmarking of grants made available through the Small Business Early-Stage Investment program.
select this vote H. Amdt. 482 Kosmas, Suzanne [D-FL24] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment adds "photonics technology" to the list of targeted business sectors qualified to receive grants under the Small Business Early-Stage Investment Program.
select this vote H. Amdt. 483 Gingrey, Phil [R-GA11] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment increases from 5 years to 7 years the period to participate in the Small Business Health Information Technology Financing Program.
select this vote H. Amdt. 484 Kratovil, Frank [D-MD1] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment gives the SBA Administrator authority under the 7(a) program to guarantee 100 percent of loans made to veteran owned small businesses.
select this vote H. Amdt. 485 Paulsen, Erik [R-MN3] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment requires a study and a report to Congress by the SBA, within one year of enactment, to determine the feasibility of a program to increase investment in the research, development and commercialization of medical technology by small businesses in a similar matter to the renewable energy program currently administered by the SBA.
select this vote H. Amdt. 486 Massa, Eric [D-NY29] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment creates youth entrepreneurship programs in the Small Business Administration to assist the development of new businesses by young people who remain in their local area.
H. Amdt. 487 Foxx, Virginia [R-NC5] October 29, 2009 Withdrawn on October 29, 2009. An amendment numbered 11 printed in Part B of House Report 111-317 to explicitly sunset all programs contained in the bill at the end of their authorizations or five years, whichever is earlier. The Administrator would maintain the authority to carry out responsibilities regarding all outstanding loans, grants, and other outstanding commitments made before the authorization expiration.
select this vote H. Amdt. 488 Kissell, Larry [D-NC8] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment amends Section 7(a)(7) of the Small Business Act to allow for repayment of SBA 7(A) loans (granted to small businesses after enactment of this bill) to be deferred for a maximum of 12 months from receipt of final loan disbursement if that small business concern is classified in sector 23 of the North American Industry Classification System.
select this vote H. Amdt. 489 Peters, Gary [D-MI14] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment increases the maximum amount of stabilization loans in high unemployment areas to $75,000 and delays repayment of stabilization loans in high unemployment areas to 18 months for new loans made after enactment of the bill and gives the SBA administrator authority to designate high unemployment areas as eligible for operating assistance grants under the new market venture capital program.
select this vote H. Amdt. 490 Miller, Candice [R-MI10] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment ensures that individuals who are evaluating businesses have both the authority and the expertise to make the best decisions for the taxpayer.
select this vote H. Amdt. 491 Miller, Candice [R-MI10] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment clarifies that the Capital Backstop Program (Sec. 111) is authorized to start immediately and to operate through 2011, regardless of whether the recession is declared officially over during that time or SBA loan volume drops another 30% in the next year. Amendment also restores such requirements after September 30, 2011.
select this vote H. Amdt. 492 Nye, Glenn [D-VA2] October 29, 2009 Passed by voice vote on October 29, 2009. Amendment allows the SBA Administrator to make loans to homeowners to be used for the repair or replacement of toxic drywall manufactured in China.
select this vote H. Amdt. 493 Velázquez, Nydia [D-NY7] October 29, 2009 Passed by voice vote on October 29, 2009. See Cantor motion to recommit (item 1481) for explanation.
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