H.R.1412 - Emergency Child Care Lending for the Gulf Coast Act of 2007110th Congress (2007-2008)
|Sponsor:||Rep. Jefferson, William J. [D-LA-2] (Introduced 03/08/2007)|
|Committees:||House - Small Business|
|Latest Action:||03/08/2007 Referred to the House Committee on Small Business. (All Actions)|
This bill has the status Introduced
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Summary: H.R.1412 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in House (03/08/2007)
Emergency Child Care Lending for the Gulf Coast Act of 2007 - Authorizes the proceeds of a loan for plant acquisition, construction, conversion, or expansion under the Small Business Investment Act of 1958 to be used by the certified development company to provide loans to small, nonprofit child care businesses that have a track record of providing such services in the presidentially declared disaster areas in the Gulf Coast region.
Limits to 3% the amount of the total number of such loans guaranteed in FY2008-FY2009 that may be awarded for the program under this Act. Terminates such program after December 30, 2008.