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H.R. 2136 · 113th Congress

Small Business Credit Availability Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

Small Business Credit Availability Act - Amends the Commodity Exchange Act (CEA) to exclude from the meaning of financial entity any small bank, savings association, farm credit system institution, non-profit cooperative lender controlled by electric cooperatives, or credit union if the aggregate uncollateralized outward exposure plus aggregate potential…

What it does: CRS summary · Introduced in House · May 23, 2013

Small Business Credit Availability Act - Amends the Commodity Exchange Act (CEA) to exclude from the meaning of financial entity any small bank, savings association, farm credit system institution, non-profit cooperative lender controlled by electric cooperatives, or credit union if the aggregate uncollateralized outward exposure plus aggregate potential outward exposure of the entity with respect to its swaps does not exceed $1 billion. (Thus exempts such entities from the clearing requirement.)

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Small Business Credit Availability Act

Latest action (Jun 3, 2013): Referred to the Subcommittee on General Farm Commodities and Risk Management.

Policy area: Finance and Financial Sector · Origin: House · Introduced: May 23, 2013

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.