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Small Business Lending Stimulus Act of 2008

Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 110-776.

Official summary

Version 00 · Introduced in Senate · Feb 7, 2008

Small Business Lending Stimulus Act of 2008 - Directs the Administrator of the Small Business Administration (SBA) to reduce in 2008 the rate of certain loan fees imposed under the Small Business Act and debenture fees under the Small Business Investment Act of 1958.

Authorizes appropriations for FY2008: (1) to cover such rate reductions; and (2) for direct loans and assistance under the SBA Microloan Program.

Amends the Small Business Investment Act of 1958 to authorize the SBA to refinance certain existing debt of small businesses that received prior loans for plant acquisition, construction, conversion, or expansion.

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Who introduced it

Sen. Kerry, John F. [D-MA] · D–MA

Committees

  • Small Business and Entrepreneurship Committee
0 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 110-776.

    2. Read twice and referred to the Committee on Small Business and Entrepreneurship.

    3. Sponsor introductory remarks on measure. (CR S793-794)

    4. Introduced in Senate

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    Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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