110-H.AMDT.113 to 110-H.R.1332

Amendment provides that a rural small business owner who is not within 30 miles of a rural lender can take advantage of the rural lending outreach program through any lender in the SBA 7(a) loan program.

H.AMDT.113(A003)
Amends: H.R.1332
Sponsor: Rep Cuellar, Henry [TX-28](offered 4/25/2007)

AMENDMENT DESCRIPTION:
Amendment provides that a rural small business owner who is not within 30 miles of a rural lender can take advantage of the rural lending outreach program through any lender in the SBA 7(a) loan program.

AMENDMENT PURPOSE:
An amendment numbered 3 printed in House Report 110-108 to allow rural small business owners, who do not have a rural lender in their area, to receive the benefits of the Rural Lending Outreach Program through loans issued by any lender enrolled in the 7(a) loan program.

STATUS:

    4/25/2007 5:13pm:
    Amendment (A003) offered by Mr. Cuellar. (consideration: CR H4116-4117; text: CR H4116)
    4/25/2007 5:18pm:
    On agreeing to the Cuellar amendment (A003) Agreed to by voice vote.

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