Thursday, March 22, 2012

Breaking News from Washington

Today the Senate passed with amendments HR3606. This is the bill that included the crowdfunding amendments I talked about in a previous email. This will significantly help small business raise capitol. The vote was 73 yes, 26 nay and 1 not voting. Senator Feinstein and Boxer both voted nay.

It now goes back to the House

Yesterday the vote continued the discussion of crowd funding but the provisions to extend 504 loans and the Ex IM bank were dropped. We need to get these two pieces of legislation passed.

Scott Hauge
Small Business California
2311 Taraval Street
San Francisco, CA 94116

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