PlainBillCongress, translated.Legislation. Context. Public interest.Became Public Law No: 106-22.
Congressional Research Service
Version 36 · Passed House amended · Feb 9, 1999
TABLE OF CONTENTS: Microloan Program Technical Corrections Act of 1999 - Amends provisions of the Small Business Act relating to the Microloan Program (a program making loans to small businesses for startup or materials and equipment costs) to: (1) delete provisions restricting the amount of loan funds made available to any single State and require the Small Business Administration (SBA) to ensure that at least $800,000 of new loan funds are available to each State in any fiscal year; (2) revise the loan loss reserve fund levels required of loan intermediaries; (3) direct the SBA Administrator, after the first five years of an intermediary's participation in the Program, to review the annual loss rate of such intermediary; and (4) authorize the Administrator, under certain circumstances, to reduce the annual loan loss reserve requirement to reflect the average annual loan loss rate of an intermediary, except that no loan loss reserve shall be reduced to less than ten percent of the outstanding balance of the notes receivable owed to the intermediary.
People & committees
Rep. Talent, Jim [R-MO-2] · R–MO
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Became Public Law No: 106-22.
Became Public Law No: 106-22.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection.
On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote. (consideration: CR H1817-1818; text: CR H1817-1818)
Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by voice vote.(consideration: CR H1817-1818; text: CR H1817-1818)
The House proceeded with forty minutes of debate on the Senate amendment to H.R. 440.
Mr. Pease moved that the House suspend the rules and agree to the Senate amendment.
Message on Senate action sent to the House.
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S3554-3566)
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(consideration: CR S3554-3566)
Amendment SP 248 agreed to in Senate by Unanimous Consent.
Amendment SP 248 proposed by Senator Enzi for Senator Kerry.
Measure laid before Senate by unanimous consent. (consideration: CR S3554-3566)
Senate Committee on Small Business discharged by Unanimous Consent.
Senate Committee on Small Business discharged by Unanimous Consent.
Read twice and referred to the Committee on Small Business.
Received in the Senate.
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 the Yeas and Nays: (2/3 required): 411 - 4 (Roll no. 12). (text: CR H492)
House roll call 12 · Individual votesPassed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 4 (Roll no. 12).(text: CR H492)
House roll call 12 · Individual votesConsidered as unfinished business. (consideration: CR H524-525)
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.
DEBATE - The House proceeded with forty minutes of debate.
Considered under suspension of the rules. (consideration: CR H492-494)
Mr. Talent moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 10.
Reported by the Committee on Small Business. H. Rept. 106-12.
Reported by the Committee on Small Business. H. Rept. 106-12.
Ordered to be Reported by Voice Vote.
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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Analyze H.R.440 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine H.R.440 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
Examine H.R.440 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.
Examine H.R.440 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.