Amendment ensures that individuals who are evaluating businesses have both the authority and the expertise to make the best decisions for the taxpayer.

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Amendment Number
490
Description
Amendment ensures that individuals who are evaluating businesses have both the authority and the expertise to make the best decisions for the taxpayer.
Purpose
An amendment numbered 14 printed in Part B of House Report 111-317 to require individuals directly engaged in loan application analysis and/or underwriting under the new Capital Backstop Program (Sec. 111) to have at least two years worth of experience in those activities.
Congress
111
Type
HAMDT
Latest Action Date
Oct 29, 2009
Latest Action Text
On agreeing to the Miller (MI) amendment (A014) Agreed to by voice vote.
Latest Action Time
16:33:57
Submitted Date
Oct 29, 2009
Chamber
House of Representatives
Update Date
Dec 5, 2020
Amendment 490 — Informed