Amendment111th Congress
Amendment allows small banks to amortize losses or write-downs on commercial real estate loans over a 10-year period, freeing up more capital for these small institutions to lend to small businesses.
- Amendment Number
- 697
- Description
- Amendment allows small banks to amortize losses or write-downs on commercial real estate loans over a 10-year period, freeing up more capital for these small institutions to lend to small businesses.
- Purpose
- An amendment numbered 5 printed in part C of House Report 111-506 to allow small banks to amortize losses or write-downs on commercial real estate loans over a 10-year period, freeing up more capital for these small institutions to lend to small businesses.
- Congress
- 111
- Type
- HAMDT
- Latest Action Date
- Jun 16, 2010
- Latest Action Text
- On agreeing to the Perlmutter amendment (A004) Agreed to by voice vote.
- Latest Action Time
- 11:57:59
- Submitted Date
- Jun 16, 2010
- Chamber
- House of Representatives
- Update Date
- Nov 15, 2019