H.R. 1387 (112th): Small Business Lending Fund Accountability Act of 2011

112th Congress, 2011–2013. Text as of Apr 06, 2011 (Introduced).

Status & Summary | PDF | Source: GPO

HR 1387 IH

112th CONGRESS

1st Session

H. R. 1387

To amend the Emergency Economic Stabilization Act of 2008 to give the Special Inspector General oversight over the Small Business Lending Fund.

IN THE HOUSE OF REPRESENTATIVES

April 6, 2011

Mr. MCHENRY (for himself, Mr. ISSA, and Mr. ROSS of Florida) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Emergency Economic Stabilization Act of 2008 to give the Special Inspector General oversight over the Small Business Lending Fund.

    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 Fund Accountability Act of 2011’.

SEC. 2. TARP SPECIAL INSPECTOR GENERAL OVERSIGHT.

    Section 121(c)(1) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5231(c)(1)) is amended--

      (1) by striking ‘section 101, and’ and inserting ‘section 101,’; and

      (2) by inserting ‘and activities under section 4103, 4104, or 4105 of the Small Business Jobs Act of 2010 (Public Law 111-240),’ before ‘including’.