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Max Cleland on Corporations


Voted YES on restricting rules on personal bankruptcy.

Vote to pass a bill that would require debtors able to repay $10,000 or 25 percent of their debts over five years to file under Chapter 13 bankruptcy (reorganization and repayment) rather than Chapter 7 (full discharge of debt).
Bill HR 333 ; vote number 2001-236 on Jul 17, 2001

Expand microloans to small businesses.

Cleland sponsored the Microloan Program Improvement Act

    Amends provisions of the Small Business Act concerning the Microloan program (a program of start-up loans to small businesses) to:
  1. remove the requirement that such loans be short-term;
  2. allow up to 35 (currently 25) percent of grant funds made to intermediaries to be used to provide technical assistance to small businesses that are prospective borrowers under the program; and
  3. authorize the Administrator of the Small Business Administration to use up to $1 million of the annual appropriations for technical assistance grants to subcontract with one or more national trade associations of eligible intermediaries or other knowledgeable entities to provide peer-to-peer capacity building and training to lenders and organizations seeking to become lenders under the program.
Source: Bill sponsored by 19 Senators 01-S174 on Jan 24, 2001

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Other candidates on Corporations: Max Cleland on other issues:
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