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Legislative Progress
Introduced
June 25, 2020
Latest Action
October 30, 2020
Primary Sponsor
Shelley Moore CapitoRepublican(WV)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
92pct
127d open
vs 5,086 other S bills in the 116th — cohort avg 30d
Reinvigorating Lending for the Future Act or the RLF Act This bill reduces reporting requirements for recipients of Revolving Loan Fund grants, which provide funds to capitalize lending programs for businesses that cannot obtain traditional bank financing. Specifically, upon request by a qualifying grantee, the Economic Development Administration (EDA) must release any federal interest in a grant—thereby relieving the grantee of associated federal reporting requirements—if the request is made at least seven years after the final disbursement of the original grant. Currently, the EDA may release the federal interest in a grant beginning 20 years after the grant was awarded.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (1)
2020 · fourth_quarter · Economics/Economic Development
Issues regarding economic development FY21 Commerce, Justice, Science Appropriations Bill H.R.925, HEROES Act S.4075/H.R.7388, Reinvigorating Lending for the Future (RLF) Act of 2020
Client expense: Not reported · Firm income: $20,000
Became Public Law No: 116-192.
Became Public Law No: 116-192.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5189-5190)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
DEBATE - The House proceeded with forty minutes of debate on S. 4075.
Considered under suspension of the rules. (consideration: CR H5189-5190)
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Economics/Economic Development
Issues regarding economic development FY21 Commerce, Justice, Science Appropriations Bill H.R.925, HEROES Act S.4075/H.R.7388, Reinvigorating Lending for the Future (RLF) Act of 2020
Client expense: Not reported · Firm income: $10,000
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE
2020 · second_quarter · Economics/Economic Development
Issues regarding economic development FY21 Commerce, Justice, Science Appropriations Bill H.R.6800, HEROES Act S.4075/H.R.7388, Reinvigorating Lending for the Future (RLF) Act of 2020
Client expense: Not reported · Firm income: $10,000
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE
Mr. Carbajal moved to suspend the rules and pass the bill.
Held at the desk.
Received in the House.
Message on Senate action sent to the House.
Passed Senate without amendment by Unanimous Consent. (text: CR S5346)
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(text: CR S5346)
Senate Committee on Environment and Public Works discharged by Unanimous Consent. (consideration: CR S5346)
Senate Committee on Environment and Public Works discharged by Unanimous Consent.
Read twice and referred to the Committee on Environment and Public Works.
Introduced in Senate
| -- |
| Democratic |
| MT |
| Joni Ernst | Republican | IA |
| Roger F. Wicker | Republican | MS |
| Steve Daines | Republican | MT |
| Tim Kaine | Democratic | VA |
| Tina Smith | Democratic | MN |