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To amend the Small Business Act to increase the authorization for the development company program, and for other purposes.

Public Law 103-282 · H.R. 4322 · 103rd Congress · began in the House

Signed by Bill Clinton (D) on Jul 22, 1994 · Commerce

Sponsor: Rep. John LaFalce (D-NY-29)

Cosponsors (1): Rep. Jan Meyers

Passage votes

  • HouseVoice vote
  • SenateVoice vote
Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Amends the Small Business Act to: (1) increase from $1.2 billion to $1.5 billion the authorization of appropriations for the development company program administered by the Small Business Administration (SBA); (2) increase by a corresponding amount the total amount authorized generally for SBA loans; and (3) authorize the SBA Administrator to extend for an additional six months the authorized period for payment of travel expenses of SBA personnel performing disaster loan-making activities.

Committees

The committees the bill was sent to, and what each did with it.

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 12 actions.

  1. Jul 22, 1994Became lawBecame law · Became Public Law No: 103-282.
  2. Became lawBecame law · Signed by President.
  3. PresidentPresident · Presented to President.
  4. Jul 20, 1994FloorFloor · Received in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.
  5. Jul 19, 1994FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
  6. FloorFloor · On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
  7. FloorFloor · Mr. LaFalce moved to suspend the rules and pass the bill, as amended.
  8. Jun 30, 1994CommitteeCommittee · Reported by House Small Business Committee
  9. Jun 24, 1994CommitteeCommittee · Markup by House Small Business Committee
  10. May 4, 1994CommitteeCommittee · Hearings by House Small Business Committee
  11. May 2, 1994CommitteeCommittee · Referred to House Small Business Committee
  12. IntroducedIntroduced · Introduced in the House
Data notes

Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.

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Official record

The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.