US SB2496 | 2015-2016 | 114th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on February 3 2016 - 25% progression, died in committee
Action: 2016-02-03 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2016 - 25% progression, died in committee
Action: 2016-02-03 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Help Small Businesses Access Affordable Credit Act This bill amends the Small Business Act to authorize the Small Business Administration (SBA), if demand for commitments for authorized general business loans exceeds the limit on the total amount of commitments the SBA may make for such loans, to make such commitments up to 110% of that limit. The SBA may not exercise this authority until specified congressional committees have approved.
Title
Help Small Businesses Access Affordable Credit Act
Sponsors
| Sen. Christopher Coons [D-DE] | Sen. James Risch [R-ID] | Sen. Jeanne Shaheen [D-NH] | Sen. Kelly Ayotte [R-NH] |
| Sen. Christopher Murphy [D-CT] | Sen. Gary Peters [D-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-03 | Senate | Read twice and referred to the Committee on Small Business and Entrepreneurship. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/2496/all-info |
| Text | https://www.congress.gov/114/bills/s2496/BILLS-114s2496is.pdf |
