US HB2462 | 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]

Summary

Small Business Opportunity Acceleration Act of 2013 - Amends the Small Business Act to eliminate loan guarantee fees for certain small business loans that total $150,000 or less. (Currently, the Small Business Administration [SBA] is required to collect a guarantee fee, which is payable by the participating lender, and may be charged to the borrower, of up to 2% of the deferred participation share of a such a total loan amount that is $150,000 or less.)

Tracking Information

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Title

Small Business Opportunity Acceleration Act of 2013

Sponsors


History

DateChamberAction
2013-06-20HouseReferred to the House Committee on Small Business.
2013-06-20HouseSponsor introductory remarks on measure. (CR E928)

Subjects


US Congress State Sources


Bill Comments

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