H.R. 3854 Small Business Financing and Investment Act of 2009 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.
Background
	Majority Amendment Deadline Announcement Minority Amendment Announcement
Bill Text
	H.R. 3854 (as introduced) H.Rept. 111-315
Amendments
	Note: The list of amendments and their disposition are not the official record of the Committee on Rules. For the official list, see the Committee on Rules Majority's Web Site.
# Sponsors Summary Status Notes 1 Orig Ver1 Paulsen (MN) Would require a study and a report to Congress by the SBA, within one year of enactment, to determine the feasibility of a program to promote medical technology in a similar matter to the renewable energy program currently administered by the SBA. Revised   2 Orig Sessions (TX) Would replace the current system for Section 179 business asset depreciation by allowing companies to choose the asset depreciation schedule that best suits their individual business. Submitted   3 Orig Ver1 Bright (AL) Would require each of the SBA district offices to establish a marketing plan for rural businesses regarding financing and investment alternatives, designate an employer as a Rural Business Outreach Specialist, and host at least one annual outreach seminar. Revised   4 Orig Sestak (PA) Would increase the loan limit range for 7(a) small business loans currently at $1.5 million to $2 million, to the range of $2 million to $5 million. Submitted   5 Orig Markey (CO) Would permit debt re-financing for a limited period of two years from enactment for loans not backed by the SBA and were incurred for the benefit of the small business. Submitted   6 Orig Nye (VA) Buchanan (FL) Would allow the SBA Administrator to make loans to homeowners to be used for the repair or replacement of toxic drywall manufactured in China. Submitted   7 Orig Boswell (IA) Would allow the SBA to provide 7(a) loans and microloans for the purchasing of unoccupied manufacturing centers and unused equipment. Withdrawn   8 Orig Israel (NY) Would increase to $12 million the maximum loan size for the 504 loan program to certified development companies (CDCs) financing projects where the small business reduces energy consumption greater than 20 percent. Submitted   9 Orig Israel (NY) Would require that debentures issued by certified development companies (CDCs) in the SBA's 504 loan program meet two economic development objectives, including one that achieves energy reduction, sustainable design or renewable energy goals. Submitted   10 Orig Kosmas (FL) Would add “photonics technology” to the list of targeted business sectors qualified to receive grants under the Small Business Early-Stage Investment Program. Submitted   11 Orig Altmire (PA) Would require the SBA Administrator to consider whether an investment firm is managed by a veteran when reviewing an application for the Small Business Early-Stage Investment Program. Withdrawn   12 Orig Brown-Waite (FL) Would require individuals directly engaged in loan application analysis and/or underwriting under the new Capital Backstop Program (Sec. 111) to have at least two years worth of experience in those activities. Submitted   13 Orig Brown-Waite (FL) Would clarify 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% next year. It would restore such requirements after September 30, 2011. Submitted   14 Orig Schock (IL) Would require 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. Submitted   15 Orig Schock (IL) Would require quarterly reports on the SBA Administrators progress towards the expansion of the Renewable Energy Capital Investment Program. It would require the SBA Administrator to establish regulations necessary to carry out the program within 180 days after enactment. Submitted   16 Orig Ver1 Foxx (NC) Would sunset all programs contained in the bill at the end of their authorizations or five years, whichever is earlier, unless a program receives an explicit authorization by an Act of Congress for that fiscal year. Revised   17 Orig Gingrey (GA) Would increase from 5 years to 7 years the period to participate in the Small Business Health Information Technology Financing Program. Submitted   18 Orig Welch (VT) Would increase the SBA Express loan program cap from $350,000 to $2,000,000. Submitted   19 Orig Costa (CA) Would require the SBA Administrator to give priority for business stabilization loans to small businesses in cities with unemployment rates that are at least 125 percent of the State unemployment rate. Withdrawn   20 Orig Smith (WA) Would include State-licensed, State-certified, or nationally accredited home health care providers as qualified professionals eligible for the Small Business Health Information Technology Financing program. Withdrawn   21 Orig Ver1 Ver2 Peters (MI) Would increase the maximum amount of stabilization loans in high unemployment areas to $75,000 and delay repayment of stabilization loans in high unemployment areas to 18 months. It would give the SBA administrator the ability to designate high unemployment areas as eligible for operating assistance grants under the new market venture capital program. Revised   22 Orig Ver1 Kissell (NC) Would amend Section 7(a)(7) of the Small Business Act to allow for repayment of SBA 7(A) loans for small businesses 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. Revised   23 Orig DeLauro (CT) Would increase the maximum loan limit of SBA microloans from $35,000 to $50,000. Submitted   24 Orig Neugebauer (TX) Would make permanent full repeal of the estate tax, and it would permanently allow the increased Section 179 expensing allowance at $200,000 and the phase-out threshold at $800,000, indexed to inflation. It would also provide for the full deduction for the health insurance costs of self-employed individuals when determining self-employment tax. Submitted   25 Orig Neugebauer (TX) Would suspend civil fines for first-time paperwork violations in specific instances under the Paperwork Reduction Act (44 U.S.C. sec. 3506). Submitted   26 Orig Ryan (OH) Would allow business incubators to be included in the list of organizations that can give out assistance in disaster relief areas. Submitted   27 Orig Pingree (ME) Would require the SBA Administrator to submit to Congress, within 90 days, a report on the anticipated effects of increasing the maximum size of SBA loans. Withdrawn   28 Orig Ryan (OH) Would require the SBA Administrator to seek to increase the participation of non-profit business incubators that provide space and 'business incubator services' and their portfolio companies in the Small Business Early-Stage Investment program. Submitted   29 Orig Ryan (OH) Would require the SBA Administrator to seek to improve investments in counties impacted by automotive-related restructuring through the New Markets Venture Capital Program. Submitted   30 Orig Cuellar (TX) Would 1) reserve 5 percent of loans to cooperatives in areas of high unemployment rates and high poverty rates, 2) require the Administrator to consider communities that lack basic services or areas of high unemployment rates, and with low medical professionals ratio for Health IT Loan Guarantee, 3) require the Administrator to treat economically distressed areas as areas of disaster for assistance, and 4) require the Administrator to establish outreach centers in communities where the ratio of small business is below the national average. Submitted   31 Orig Ver1 Massa (NY) Would create youth entrepreneurship programs in the Small Business Administration to assist the development of new businesses by young people who remain in their local area. Revised   32 Orig Connolly (VA) Would direct the SBA to compile data relating to private sector lending to small businesses over the past four years and report that data to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate. Withdrawn   33 Orig Flake (AZ) Would prohibit the earmarking of grants made available through the Small Business Early-Stage Investment program. Submitted   34 Orig Flake (AZ) Would prohibit the SBA from making direct loans to private small businesses, as authorized in the Capital Backstop Program (Sec. 111). Submitted   35 Orig Ver1 Bean (IL) Would enable franchises with temporary workers to qualify for SBA loan programs. Withdrawn   36 Orig Clarke (NY) Would increase the maximum loan amount limit for the SBA Microloan Program from $35,000 to $50,000. Withdrawn   37 Orig Ver1 Velazquez (NY) Graves (MO) Would make changes to the bill to eliminate and revise provisions that the Congressional Budget Office has determined to carry a direct cost. These changes remove any direct spending from the bill. Revised   38 Orig Ver1 Velazquez (NY) The amendment makes technical and conforming changes to the bill, including grammatical corrections, changes for consistency, and clarifications of legislative intent. Revised   39 Orig Langevin (RI) Would direct the SBA Administrator to establish and maintain a renewable energy and energy efficiency information clearinghouse on the SBA website. The clearinghouse would provide information on how small businesses may use more renewable energy and increase the energy efficiency of their business; the economic advantages of using more renewable energy and increasing their energy efficiency; and business and funding opportunities for small businesses in the renewable energy and energy efficiency industry. Submitted   40 Orig Kratovil, Jr. (MD) Would increase the loan limit range for 7(a) small business loans currently at $1.5 million to $2 million, to the range of $2 million to $5 million. It would also ensure that no more than 30 percent of the total loan amounts provided go to loans greater than $2 million. Withdrawn   41 Orig Kratovil, Jr. (MD) Would give the SBA Administrator authority under the 7(a) program to guarantee 100 percent of loans made to veteran owned small businesses. Submitted   42 Orig Baird (WA) Would direct the SBA Administrator to conduct a study on the business stabilization loan program and report back to Congress, within 90 days of enactment, on how the program has been implemented with recommendations on what steps should be taken to expand participation in the program by small business concerns and lenders. Withdrawn
Rule
Rule Number:
	H.Res. 875
Rule Type:
	Structured
Rule Summary:
	1. Structured rule. 2. Provides one hour of general debate equally divided and controlled by the Chair and Ranking      Mnority Member of the Committee on Small Business. 3. Waives all points of order against consideration of the bill except for clauses 9 and 10 of rule      XXI. 4. Provides that the amendment printed in part A of the report of the Committee on Rules      accompanying this resolution shall be considered as adopted and provides that the bill, as      amended, shall be considered as read. 5. Waives all points of order against the bill, as amended.  This waiver does not affect the point of      order available under clause 9 of rule XXI (regarding earmark disclosure). 6. Provides that no amendment shall be in order except those further amendments printed in      part B of the Rules Committee report accompanying the resolution. 7. Provides that the amendments made in order may be offered only in the order printed in the      report, may be offered only by a Member designated in the report, shall be considered as read,      shall be debatable for the time specified in the report equally divided and controlled by the      proponent and an opponent, shall not be subject to amendment, and shall not be subject to a      demand for division of the question. 8. Waives all points of order against the amendments printed in the report except for clauses 9      and 10 of rule XXI. 9. Provides that for those amendment reported from the Committee of the Whole, the question of      their adoption shall be put to House en gros and without demand for division of the question. 10. Provides one motion to recommit with or without instructions. 11. Provides that the Chair may entertain a motion that the Committee rise only if offered by the        chair of the Committee on Small Business or her designee. 12. Provides that the Chair may not entertain a motion to strike out the enacting words of the        bill (as described bin clause 9 of rule XVIII). 13. Provides that it shall be in order at any time through the legislative day of October 30,        2009, for the Speaker to entertain motions that the House suspend the rules relating to a measure addressing unemployment compensation.
Rule Text:
	H.Res.875 H.Rept. 111-317

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