H.R. 4420 · 111th Congress
Small Business Contracting Protection Act of 2010
- Stage
- In committee
- Sponsor
- Joe Sestak
- Introduced
- 2010-01-12
- Latest action
- 2010-01-12 · Introduced in House
Summary
Small Business Contracting Protection Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to issue regulations defining the term "pass-through business" with respect to another business, for purposes of possible misrepresentation in obtaining SBA-administered small business loans. Outlines criteria for determining whether an entity qualifies as a pass-through business for such purposes.
Provides penalties for misrepresentation as a pass-through business.