To amend the Consolidated and Further Continuing Appropriations Act, 2015 with respect to funding available for fiscal year 2015 for certain general business loans authorized under the Small Business Act, to amend the Small Business Act to modify loan limitations, and for other purposes.
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vs 6,526 other HR bills in the 114th — cohort avg 56d
This bill amends the Consolidated and Further Continuing Appropriations Act, 2015 to increase from $18.75 billion to $23.5 billion the FY2015 funding available to the Small Business Administration (SBA) for general business loans authorized under section 7(a) of the Small Business Act. The bill prohibits the SBA from guaranteeing a loan on and after October 1, 2015, if: the lender determines that the borrower is unable to obtain credit elsewhere solely because the lender's liquidity depends upon the guaranteed portion of the loan being sold on the secondary market, or the sole purpose for requesting the guarantee is to allow the lender to exceed its legal lending limit. The bill also requires the SBA to submit quarterly reports to Congress regarding the loan programs carried out under this section.
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Filing registrants (1)
2015 · fourth_quarter · Energy/Nuclear
S. 1202; Heat Efficiency Through Applied Technology Act; entire bill. Draft climate change policy. H.R. 3191; PREPARE Act; entire bill. H.Res, 424; Expressing the commitment of the House of Representatives to conservative environmental stewardship.
Client expense: $80,000 · Firm income: Not reported
Referred to the House Committee on Small Business.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2015 · third_quarter · Energy/Nuclear
S. 1202; Heat Efficiency Through Applied Technology Act; entire bill. Draft climate change policy. H.R. 3191; PREPARE Act; entire bill. H.Res, 424; Expressing the commitment of the House of Representatives to conservative environmental stewardship.
Client expense: $90,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE