United States 112th Congress Status: Died 1 D cosponsors

HR 3147 — Small Business Lending Extension Act

Last action — Referred to the Subcommittee on Financial Institutions and Consumer Credit.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Small Business Lending Extension Act - Amends the Small Business Jobs Act of 2010 to extend, for an additional year, the authority of the Secretary of the Treasury under the Small Business Lending Fund Program to make capital investments in eligible institutions (eligible insured depository institutions, bank holding companies, and savings and loan companies) in order to increase the availability of credit for small businesses. (Current law terminates such authority one year after enactment of such Act.) Requires the Secretary to: (1) supply an institution whose application to receive a capital investment from the Fund is rejected with the reason for such rejection, (2) establish an appeal process, and (3) issue regulations allowing a rejected institution to reapply for such an investment.

Bill Text

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Read HR 3147 on the official United States source →

Action History

  1. Referred to the Subcommittee on Financial Institutions and Consumer Credit.

  2. Referred to the House Committee on Financial Services.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance labor
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Frequently asked questions

What does HR 3147 do?
Small Business Lending Extension Act - Amends the Small Business Jobs Act of 2010 to extend, for an additional year, the authority of the Secretary of the Treasury under the Small Business Lending Fund Program to make capital investments in eligible institutions (eligible insured depository institutions, bank holding companies, and savings and loan companies) in order to increase the availability of credit for small businesses. (Current law terminates such authority one year after enactment of such Act.) Requires the Secretary to: (1) supply an institution whose application to receive a capital investment from the Fund is rejected with the reason for such rejection, (2) establish an appeal process, and (3) issue regulations allowing a rejected institution to reapply for such an investment.
Who sponsors HR 3147?
HR 3147 is sponsored by John Carney (D).
What is the current status of HR 3147?
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 3147?
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Last checked for changes about 11 hours ago · updated continuously

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