US Congress House Bill 1418 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 97-48)
Status: Introduced on April 7 2011 - 25% progression, died in chamber
Action: 2011-10-12 - Subcommittee Hearings Held.
Text: Latest bill text (Introduced) [PDF]

Small Business Lending Enhancement Act of 2011 - Amends the Federal Credit Union Act to prohibit an insured credit union from making any member business loan that would result in the total amount of such loans outstanding at that credit union at any one time exceeding either: (1) 1.75 times the actual net worth of the credit union, or (2) 12.25% of the total assets of the credit union. Authorizes the National Credit Union Administration Board to approve an application by an insured credit union to make one or more member business loans that would result in a total amount of such loans outstanding at any one time of up to 27.5 % of the total assets of the credit union, if the credit union meets specified safety and soundness criteria. Prohibits an insured credit union that has made such a member business loan but that is not well capitalized from making any new member business loans until it becomes well capitalized and obtains Board approval. Directs the Board to develop a tiered approval process, including lending standards, under which an insured credit union gradually increases the amount of member business lending in a manner that is consistent with safe and sound operations. Directs the Comptroller General to study the status of member business lending by insured credit unions.

Small Business Lending Enhancement Act of 2011

Rep. Edward Royce [R-CA]	Rep. Gary Ackerman [D-NY]	Rep. Todd Akin [R-MO]	Rep. Mark Amodei [R-NV]
Rep. Robert Andrews [D-NJ]	Rep. Joe Baca [D-CA]	Sen. Tammy Baldwin [D-WI]	Rep. Karen Bass [D-CA]
Rep. Shelley Berkley [D-NV]	Rep. Howard Berman [D-CA]	Rep. Brian Bilbray [R-CA]	Rep. Gus Bilirakis [R-FL]
Rep. Sanford Bishop [D-GA]	Rep. Timothy Bishop [D-NY]	Rep. Earl Blumenauer [D-OR]	Rep. Suzanne Bonamici [D-OR]
Rep. Jo Bonner [R-AL]	Rep. Bruce Braley [D-IA]	Rep. Corrine Brown [D-FL]	Rep. Dan Burton [R-IN]
Rep. Ken Calvert [R-CA]	Rep. John Campbell [R-CA]	Rep. Russ Carnahan [D-MO]	Rep. Andre Carson [D-IN]
Rep. Kathy Castor [D-FL]	Rep. Steve Chabot [R-OH]	Rep. Donna Christensen [D-VI]	Rep. Judy Chu [D-CA]
Rep. David Cicilline [D-RI]	Rep. Hansen Clarke [D-MI]	Rep. Lacy Clay [D-MO]	Rep. Howard Coble [R-NC]
Rep. Steve Cohen [D-TN]	Rep. Gerald Connolly [D-VA]	Rep. John Conyers [D-MI]	Rep. John Culberson [R-TX]
Rep. David Curson [D-MI]	Rep. Danny Davis [D-IL]	Rep. Susan Davis [D-CA]	Rep. John Dingell [D-MI]
Rep. Renee Ellmers [R-NC]	Rep. Anna Eshoo [D-CA]	Rep. Sam Farr [D-CA]	Rep. Bob Filner [D-CA]
Rep. Marcia Fudge [D-OH]	Rep. Gene Green [D-TX]	Rep. Raul Grijalva [D-AZ]	Rep. Janice Hahn [D-CA]
Rep. Colleen Hanabusa [D-HI]	Rep. Richard Hanna [R-NY]	Rep. Alcee Hastings [D-FL]	Rep. Joseph Heck [R-NV]
Sen. Martin Heinrich [D-NM]	Rep. Wally Herger [R-CA]	Rep. Jaime Herrera Beutler [R-WA]	Rep. Brian Higgins [D-NY]
Rep. Maurice Hinchey [D-NY]	Sen. Mazie Hirono [D-HI]	Rep. Tim Holden [D-PA]	Rep. Rush Holt [D-NJ]
Rep. Michael Honda [D-CA]	Rep. Bill Huizenga [R-MI]	Rep. Duncan Hunter [R-CA]	Rep. Darrell Issa [R-CA]
Rep. Sheila Jackson-Lee [D-TX]	Rep. Jesse Jackson [D-IL]	Rep. Eddie Johnson [D-TX]	Rep. Henry Johnson [D-GA]
Rep. Walter Jones [R-NC]	Rep. Marcy Kaptur [D-OH]	Rep. Dale Kildee [D-MI]	Rep. Larry Kissell [D-NC]
Rep. James Langevin [D-RI]	Rep. John Larson [D-CT]	Rep. Steven LaTourette [R-OH]	Rep. Barbara Lee [D-CA]
Rep. Sander Levin [D-MI]	Rep. John Lewis [D-GA]	Rep. Daniel Lipinski [D-IL]	Rep. Frank LoBiondo [R-NJ]
Rep. Zoe Lofgren [D-CA]	Rep. Kenny Marchant [R-TX]	Rep. Carolyn McCarthy [D-NY]	Rep. Tom McClintock [R-CA]
Rep. Thaddeus McCotter [R-MI]	Rep. Howard McKeon [R-CA]	Rep. Gregory Meeks [D-NY]	Rep. Michael Michaud [D-ME]
Rep. Brad Miller [D-NC]	Rep. Candice Miller [R-MI]	Rep. Gary Miller [R-CA]	Rep. Jeff Miller [R-FL]
Rep. Grace Napolitano [D-CA]	Rep. Eleanor Norton [D-DC]	Rep. Frank Pallone [D-NJ]	Rep. Bill Pascrell [D-NJ]
Rep. Ron Paul [R-TX]	Rep. Donald Payne [D-NJ]	Rep. Donald Payne [D-NJ]	Rep. Ed Perlmutter [D-CO]
Sen. Gary Peters [D-MI]	Rep. Thomas Petri [R-WI]	Rep. Chellie Pingree [D-ME]	Rep. Joseph Pitts [R-PA]
Rep. Todd Platts [R-PA]	Rep. Ted Poe [R-TX]	Rep. Jared Polis [D-CO]	Rep. Bill Posey [R-FL]
Rep. Charles Rangel [D-NY]	Rep. Tom Reed [R-NY]	Rep. Silvestre Reyes [D-TX]	Rep. Laura Richardson [D-CA]
Rep. Dana Rohrabacher [R-CA]	Rep. Dennis Ross [R-FL]	Rep. Steven Rothman [D-NJ]	Rep. Lucille Roybal-Allard [D-CA]
Rep. Bobby Rush [D-IL]	Rep. Tim Ryan [D-OH]	Rep. Linda Sanchez [D-CA]	Rep. Loretta Sanchez [D-CA]
Rep. Janice Schakowsky [D-IL]	Rep. Adam Schiff [D-CA]	Rep. Kurt Schrader [D-OR]	Rep. Brad Sherman [D-CA]
Rep. Jackie Speier [D-CA]	Rep. Steve Stivers [R-OH]	Rep. Marlin Stutzman [R-IN]	Rep. Betty Sutton [D-OH]
Rep. Bennie Thompson [D-MS]	Rep. Mike Thompson [D-CA]	Rep. Paul Tonko [D-NY]	Rep. Edolphus Towns [D-NY]
Rep. Robert Turner [R-NY]	Rep. Fred Upton [R-MI]	Rep. Maxine Waters [D-CA]	Rep. Henry Waxman [D-CA]
Rep. Allen West [R-FL]	Rep. Frederica Wilson [D-FL]	Rep. Joe Wilson [R-SC]	Rep. Rob Woodall [R-GA]
Rep. Lynn Woolsey [D-CA]	Rep. David Wu [D-OR]	Rep. John Yarmuth [D-KY]	Rep. C.W. Young [R-FL]
Rep. Don Young [R-AK]

Date	Chamber	Action
2011-10-12	House	Subcommittee Hearings Held.
2011-05-02	House	Referred to the Subcommittee on Financial Institutions and Consumer Credit.
2011-04-07	House	Referred to the House Committee on Financial Services.

SB509 (Same As) 2011-03-08 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB2231 (Related) 2012-03-26 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 340.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/1418/all-info
Text	https://www.congress.gov/112/bills/hr1418/BILLS-112hr1418ih.pdf