S. 2709 · 117th Congress
Continuing Access to 504 Capital Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CardinSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill authorizes the Small Business Administration (SBA) to guarantee an additional $1 billion of loans made under the 504 Program. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
What it does: CRS summary · Introduced in Senate · Aug 10, 2021
Continuing Access to 504 Capital Act
This bill authorizes the Small Business Administration (SBA) to guarantee an additional $1 billion of loans made under the 504 Program. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Continuing Access to 504 Capital Act
Latest action (Aug 10, 2021): Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: Senate · Introduced: Aug 10, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.