S.Amdt. 4539Senate111th Congress (2009-2011)2nd degree

S.Amdt. 4539

Submitted July 28, 2010

Legislative Activity

Stay on top of the latest movement without scrolling through every action

Floor Latest Action

Senate amendment submitted

July 28, 2010

Text

Submitted

SA 4539. Mr. PRYOR submitted an amendment intended to be proposed to
amendment SA 4519 proposed by Mr. Reid (for himself, Mr. Baucus, and
Ms. Landrieu) to the bill H.R. 5297, to create the Small Business
Lending Fund Program to direct the Secretary of the Treasury to make
capital investments in eligible institutions in order to increase the
availability of credit for small businesses, to amend the Internal
Revenue Code of 1986 to provide tax incentives for small business job
creation, and for other purposes; which was ordered to lie on the
table; as follows:

On page 214, between lines 3 and 4, insert the following:
(v) If the eligible institution notifies the Secretary in
the application for a capital investment under the Program
that the eligible institution elects to have such loans
included as small business lending by the eligible
institution, construction, land development, and other land
loans.
______