PlainBillCongress, translated.Legislation. Context. Public interest.Received in the Senate and read twice and referred to the Committee on Small Business.
Congressional Research Service
Version 00 · Introduced in House · Jul 28, 1993
Amends the Small Business Act to temporarily authorize the Small Business Administration (SBA) to collect a fee for loan guarantees sold into the secondary market. Requires all fees so collected to be used solely to reduce the subsidy on such guaranteed loans. Applies such fees to loans sold into secondary markets after August 31, 1993. Authorizes the SBA to temporarily reduce the guarantee percentage of loans exceeding $155,000 and having a maturity period of more than ten years. Directs the SBA to study, monitor, and evaluate the impact of amendments made by this Act on the ability of small businesses to obtain financing and on the effectiveness, viability, and growth of the secondary loan market authorized under the Small Business Act. Requires a report.
People & committees
Rep. LaFalce, John J. [D-NY-29] · D–NY
Legislative record
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Received in the Senate and read twice and referred to the Committee on Small Business.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
DEBATE - The House proceeded with forty minutes of debate.
Considered under suspension of the rules. (consideration: CR H5582-5584)
Mr. Lafalce moved to suspend the rules and pass the bill, as amended.
Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 4.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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