The House Small Business Committee will meet this afternoon to continue marking up legislation restructuring the Small Business Administration's loan programs.
Scheduled for debate are provisions restricting who can become a certified lender, limiting who can participate in the LowDoc program, and giving lenders the right to securitize the nonguaranteed portion of an agency-backed loan.
The committee originally met July 10 to mark up the bill. But Rep. Jan Meyers, R-Kan., who leads the panel, postponed the proceedings after Rep. John LaFalce, D-N.Y., complained that he didn'thave time to study a 51-page amendment to the 57-page bill.
Mr. Olaya is an intern with the Institute on Political Journalism, a program of the Fund for American Studies.