Text: H.R.3546 — 111th Congress (2009-2010)All Information (Except Text)

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Introduced in House (09/09/2009)


111th CONGRESS
1st Session
H. R. 3546


To amend the Small Business Act to make permanent the Community Express Program, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

September 9, 2009

Mr. Sestak (for himself, Ms. Bordallo, and Mr. Kagen) introduced the following bill; which was referred to the Committee on Small Business


A BILL

To amend the Small Business Act to make permanent the Community Express Program, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Small Business Lending Promotion Act of 2009”.

SEC. 2. Community Express Program.

Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended—

(1) by redesignating the second paragraph (32), as added by section 208 of the Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2008 (Public Law 110–186; 122 Stat. 631), as paragraph (33); and

(2) by adding at the end the following:

“(34) COMMUNITY EXPRESS PROGRAM.—

“(A) PERMANENT ESTABLISHMENT.—The Administrator shall carry out a Community Express Program in accordance with this paragraph.

“(B) ADMINISTRATION OF PROGRAM.—Except as otherwise provided under this paragraph, the Administrator shall carry out the Community Express Program in the same manner as the Community Express Pilot Program of the Administration, as in effect on September 8, 2009.

“(C) NONAPPLICABILITY OF PILOT PROGRAM LIMITATIONS.—No limitation under paragraph (25)(A) applies to the Community Express Program under this paragraph.”.