US HB6348 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Enrolled on December 21 2018 - 75% progression, died in chamber
Action: 2018-12-21 - Presented to President.
Text: Latest bill text (Enrolled) [PDF]

Summary

Small Business ACE Act Small Business Access to Capital and Efficiency Act (Sec. 2) This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)

Tracking Information

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Title

Small Business ACE Act Small Business Access to Capital and Efficiency Act

Sponsors


History

DateChamberAction
2018-12-21SenatePresented to President.
2018-12-20SenateMessage on Senate action sent to the House.
2018-12-19SenatePassed Senate without amendment by Voice Vote.
2018-12-19SenateSenate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent. (consideration: S7896-7897)
2018-09-26SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
2018-09-25HouseMotion to reconsider laid on the table Agreed to without objection.
2018-09-25HouseOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8802)
2018-09-25HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 6348.
2018-09-25HouseConsidered under suspension of the rules. (consideration: CR H8802-8803)
2018-09-25HouseMr. Chabot moved to suspend the rules and pass the bill.
2018-09-12HousePlaced on the Union Calendar, Calendar No. 732.
2018-09-12HouseReported by the Committee on Small Business. H. Rept. 115-941.
2018-07-18HouseOrdered to be Reported.
2018-07-18HouseCommittee Consideration and Mark-up Session Held.
2018-07-12HouseReferred to the House Committee on Small Business.
2018-07-12HouseSponsor introductory remarks on measure. (CR H6118-6119)
2018-07-12HouseIntroduced in House

Same As/Similar To

SB3553 (Related) 2018-12-19 - By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.

Subjects


US Congress State Sources


Bill Comments

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