US HB4556 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on May 1 2014 - 25% progression, died in committee
Action: 2014-05-01 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 1 2014 - 25% progression, died in committee
Action: 2014-05-01 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business Access to Capital Act of 2014 - Amends the Small Business Jobs Act of 2010 to extend for an additional eight fiscal years the State Small Business Credit Initiative to assist participating states to give collateral support and other innovative credit access and guarantee initiatives for small businesses and manufacturers. Prescribes allocations of federal funds to participating states. Authorizes the Secretary of the Treasury to award, on a competitive basis, up to a total of $1 billion in two tranches, according to specified criteria, to participating states and consortiums of participating states for use: (1) for making federal contributions to, or for the account of, an approved state program; and (2) as collateral for a qualifying loan or swap funding facility.
Title
Small Business Access to Capital Act of 2014
Sponsors
Sen. Gary Peters [D-MI] | Rep. John Conyers [D-MI] | Rep. John Dingell [D-MI] | Rep. Daniel Kildee [D-MI] |
Rep. Sander Levin [D-MI] | Rep. Maxine Waters [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2014-05-01 | House | Referred to the House Committee on Financial Services. |
Same As/Similar To
SB2285 (Same As) 2014-05-01 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/4556/all-info |
Text | https://www.congress.gov/113/bills/hr4556/BILLS-113hr4556ih.pdf |