State Small Business Credit Initiative : Implementation and Funding Issues

Author / Creator

Library of Congress. Government Division

Available as

Online

Summary

Examines implementation of SBA State small business credit initiative (SSBCI) established under P.L. 111-240, the Small Business Jobs Act of 2010, to assist States in efforts to increase amount of ...

Examines implementation of SBA State small business credit initiative (SSBCI) established under P.L. 111-240, the Small Business Jobs Act of 2010, to assist States in efforts to increase amount of capital available by private lenders to small businesses. Discusses Department of Treasury response to initial program audits conducted by GAO and Department of Treasury Office of Inspector General. Covers legislative origins, programs, and funding of SSBCI; and addresses recent audits, evaluation reports, and program adjustments.

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