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H.R. 5551

BillFederalHousePassed House
To require the Secretary of the Treasury to make a certification when making purchases under the Small Business Lending Fund Program.
About This Bill
Passed
Latest Action · June 25, 2010
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 443.
Congress
111th (2009–2011)
Introduced
June 17, 2010
Cosponsors (1)
1D 0R
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Summary

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Requires the Secretary of the Treasury, before making a first purchase (including a commitment to purchase) under the Small Business Lending Fund Program under the Small Business Jobs and Credit Act of 2010, to certify under oath to the Inspector General of the Department of the Treasury that the purchase-decision process has been designed so that each purchase decision is made solely on the basis of economic fundamentals and not because of any political considerations.

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