Proponents of a secondary market for small-business loans may finally get a shot at making the small-business loan securitization bill a reality after it received support from the Treasury and the Federal Reserve.

The bill, originally introduced by Sen. Alfonse D'Amato, R-N.Y., during the Bush administration, appeared to be going nowhere. But now, both the Treasury and the Federal Reserve are ready to back a modified version of the bill, and it looks like it will be enacted this year, possibly in conjunction with the administration's community development bill.

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