Bill Text
111th Congress (2009-2010)
H.R.5551.PCS

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HR 5551 PCS

June 24, 2010

Received and read the first time

June 25, 2010

Read the second time and placed on the calendar

To require the Secretary of the Treasury to make a certification when making purchases under the Small Business Lending Fund Program.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. CERTIFICATION UNDER THE SMALL BUSINESS LENDING FUND PROGRAM.

Before the Secretary of the Treasury makes the first purchase (including a commitment to purchase) under the Small Business Lending Fund Program under the Small Business Jobs and Credit Act of 2010, the Secretary shall certify, under oath, to the Inspector General of the Department of the Treasury, with a copy to the Comptroller General of the United States, 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.

Passed the House of Representatives June 23, 2010.

Attest:

LORRAINE C. MILLER,

Clerk.

Calendar No. 443

To require the Secretary of the Treasury to make a certification when making purchases under the Small Business Lending Fund Program.

June 25, 2010