InsideGov
Congress · Laws

Small Business Lending Enhancement Act of 1995

Public Law 104-36 · S. 895 · 104th Congress · began in the Senate

Signed by Bill Clinton (D) on Oct 12, 1995 · Commerce

Sponsor: Sen. Kit Bond (R-MO)

Cosponsors (5): Sen. Dale Bumpers,

Passage votes

  • HouseUnanimous consent
  • 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.

Report a correction

Summary

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

Small Business Lending Enhancement Act of 1995 - Amends the Small Business Act to reduce the level of participation by the Small Business Administration (SBA) in loans guaranteed under the Act on a deferred basis to: (1) 75 percent of the outstanding balance, if the balance exceeds $100,000; and (2) 80 percent of such balance, for balances less than or equal to $100,000. Allows such percentages to be reduced upon request of the participating lender. Prohibits the SBA from using the percentage requested as a criterion for establishing priorities in approving guarantee requests. Limits the maximum interest rate under the Preferred Lenders Program to that charged for other loan guarantees under the Act.

Increases the loan guarantee fees authorized to be charged by the SBA on all guaranteed loans payable over a period in excess of one year. Establishes a fee of two percent of the total deferred participation share of loans of $80,000 or less. Repeals provisions allowing participating lenders providing loans of less than $75,000 to retain a portion of the loan guarantee fee charged by the SBA.

Directs the SBA to assess and collect an annual fee, to be payable by the participating lender and not charged to the borrower, in an aggregate amount equal to 0.5 percent of the outstanding balance of the deferred participation share of the loan.

Directs the SBA to notify the congressional small business committees at least 15 days before making any significant policy or administrative change affecting the operation of the SBA loan program.

Amends the Small Business Investment Act of 1958 to direct the SBA, with respect to each guaranteed loan made from the proceeds of development company debentures issued by qualified State or local development companies, to: (1) assess and collect a fee for such loan, payable by the borrower; and (2) use the fee proceeds to offset the cost of making such loan guarantees.

Amends the Small Business Administration Reauthorization and Amendment Act of 1988 to extend through FY 1997 the preferred surety bond guarantee pilot program.

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.

Report a correction

Timeline

From introduction to signing, newest first: the committees, the floor and the president. 35 actions.

  1. Oct 12, 1995Became lawBecame law · Became Public Law No: 104-36.
  2. Became lawBecame law · Signed by President.
  3. Oct 3, 1995PresidentPresident · Presented to President.
  4. Sep 29, 1995Resolving differencesResolving differences · On agreeing to the conference report Agreed to without objection.
  5. Resolving differencesResolving differences · Motions to reconsider laid on the table Agreed to without objection.
  6. Resolving differencesResolving differences · Conference report agreed to in House: On agreeing to the conference report Agreed to without objection.
  7. Resolving differencesResolving differences · Mrs. Meyers asked unanimous consent for consideration of the conference report, H. Rept. 104-269.
  8. FloorFloor · DEBATE - The House proceeded with 10 minutes of debate on the Conference Report.
  9. FloorFloor · UNANIMOUS CONSENT AGREEMENT - Mrs. Meyers asked unanimous consent that it be in order immediately to consider the conference report to accompany S. 895, that the conference report be considered as read, and that debate thereon be limited to ten minutes. Agreed to without objecti…
  10. Sep 28, 1995Resolving differencesResolving differences · Senate agreed to conference report by Voice Vote.
  11. Resolving differencesResolving differences · Conference report agreed to in Senate: Senate agreed to conference report by Voice Vote.
  12. Resolving differencesResolving differences · Conference papers: Senate report and managers' statement and official papers held at the desk in Senate.
  13. Resolving differencesResolving differences · Conference report H. Rept. 104-269 filed.
  14. Resolving differencesResolving differences · Conference report filed: Conference report H. Rept. 104-269 filed.
  15. Sep 27, 1995Resolving differencesResolving differences · Conferees agreed to file conference report.
  16. Resolving differencesResolving differences · Conference committee actions: Conferees agreed to file conference report.
  17. Sep 26, 1995Resolving differencesResolving differences · Senate agreed to request for conference. Appointed conferees. Bond; Burns; Coverdell; Bumpers; Nunn.
  18. FloorFloor · Senate disagreed to the House amendments by Voice Vote.
  19. Sep 13, 1995FloorFloor · Message on House action received in Senate and at the desk: House amendments to Senate bill and House requests a conference.
  20. Sep 12, 1995Resolving differencesResolving differences · Motion to reconsider laid on the table Agreed to without objection.
  21. Resolving differencesResolving differences · The Speaker appointed conferees: Meyers, Torkildsen, Longley, LaFalce, and Poshard.
  22. Resolving differencesResolving differences · On motion that the House insist upon its amendments, and request a conference Agreed to without objection.
  23. Resolving differencesResolving differences · Mrs. Meyers asked unanimous consent that the House insist upon its amendments, and request a conference.
  24. FloorFloor · The title of the measure was amended to that of similar measure H.R. 2150. Agreed to without objection.
  25. FloorFloor · A similar measure H.R. 2150 was laid on the table without objection.
  26. FloorFloor · On passage Passed without objection.
  27. FloorFloor · The House struck all after the enacting clause and inserted in lieu thereof the provisions of a similar measure H.R. 2150. Agreed to without objection.
  28. FloorFloor · Considered by unanimous consent.
  29. FloorFloor · Mrs. Meyers asked unanimous consent to take from the Speaker's table and consider.
  30. Aug 11, 1995FloorFloor · Passed Senate with an amendment by Voice Vote.
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.

Report a correction

Official record

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