S. 2283 · 115th Congress
Small Business 7(a) Lending Oversight Reform Act of 2018
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RischSponsor3 cosponsors · 2 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee.
What it does: CRS summary · Reported to Senate with amendment(s) · Mar 19, 2018
Small Business 7(a) Lending Oversight Reform Act of 2018
This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee.
For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Small Business 7(a) Lending Oversight Reform Act of 2018
Latest action (Jun 5, 2018): By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.
Policy area: Commerce · Origin: Senate · Introduced: Jan 9, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.