US HB2461 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 20 2013 - 25% progression, died in committee
Action: 2013-06-20 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 20 2013 - 25% progression, died in committee
Action: 2013-06-20 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Summary
SBA Loan Paperwork Reduction Act of 2013 - Directs the Administrator of the Small Business Administration (SBA) to carry out a Small Loan Advantage Program in the same manner as, and as a replacement for, the SBA Small Loan Advantage loan initiative. (Under the loan initiative, SBA lenders make partially guaranteed, lower-dollar small business loans which often benefit businesses in underserved areas or markets.) Makes pilot program loan guarantee percentage limits inapplicable to such Program. Authorizes the Administrator to increase the Program's maximum loan amount, reduce the Program's fees, and further streamline the Program's loan approval process.
Title
SBA Loan Paperwork Reduction Act of 2013
Sponsors
| Rep. Janice Hahn [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-06-20 | House | Referred to the House Committee on Small Business. |
| 2013-06-20 | House | Sponsor introductory remarks on measure. (CR E946) |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/2461/all-info |
| Text | https://www.congress.gov/113/bills/hr2461/BILLS-113hr2461ih.pdf |
