3.0.0 6078 2023-01-11T13:45:04Z 2023-01-11T13:45:04Z House HR 2020-03-04 116 [Congressional Record Volume 166, Number 43 (Wednesday, March 4, 2020)][House][Pages H1504-H1505]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BURCHETT:H.R. 6078.Congress has the power to enact this legislation pursuantto the following:Article IV,Section 3, Clause 2. The Congress shall have Power todispose of and make all needful Rules and Regulationsrespecting the[[Page H1505]]Territory or other Property belonging to the United States;and nothing in this Constitution shall be so construed as toPrejudice any Claims of the United States, or of anyparticular State.]]> sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2020-09-15T16:34:56Z hssm00 Small Business Committee House Standing Markup by 2020-03-11T20:14:52Z Referred to 2020-03-04T15:00:42Z 2020-09-15 sssb00 Small Business and Entrepreneurship Committee Senate Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2020-09-14 14:49:28 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2020-09-14 14:49:18 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4347) Floor H37300 2 House floor actions 2020-09-14 14:49:18 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. Floor 8000 9 Library of Congress 2020-09-14 14:39:31 DEBATE - The House proceeded with forty minutes of debate on H.R. 6078. Floor H8D000 2 House floor actions 2020-09-14 14:39:28 Considered under suspension of the rules. (consideration: CR H4347-4348) Floor H30000 2 House floor actions 2020-09-14 14:39:09 Ms. Velazquez moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2020-03-11 hssm00 Small Business Committee 1 House committee actions Ordered to be Reported by Voice Vote. Committee 2020-03-11 hssm00 Small Business Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2020-03-04 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2020-03-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-03-04 Introduced in House IntroReferral 1000 9 Library of Congress B001309 Rep. Burchett, Tim [R-TN-2] Tim Burchett R TN 2 N K000394 Rep. Kim, Andy [D-NJ-3] Andy Kim D NJ 3 2020-03-04 True Commerce Administrative remedies Congressional oversight Government information and archives Government lending and loan guarantees Government studies and investigations Rural conditions and development Small Business Administration Commerce 00 2020-03-04 Introduced in House 2020-05-05T13:42:03Z Microloan Transparency and Accountability Act of 2020

This bill modifies provisions related to the Small Business Administration's (SBA) disbursement of certain financial assistance.

Specifically, the bill establishes a 5% technical assistance grant for intermediaries who make 25% of their loans to rural small businesses. Further, the bill requires the SBA to report certain metrics related to the disbursement of microloans to small businesses, including (1) the number, amount, and percentage of such loans that went into default in the previous year; (2) the extent to which microloans are provided to small businesses in rural areas; and (3) the average size, rate of interest, and amount of fees charged for each microloan.

]]> 53 2020-09-14 Passed House 2021-01-22T19:26:08Z Microloan Transparency and Accountability Act of 2020

This bill modifies provisions related to the Small Business Administration's (SBA) disbursement of certain financial assistance.

Specifically, the bill establishes a 5% technical assistance grant for certain intermediaries, including intermediaries who make 25% of their loans to rural small businesses. Further, the bill requires the SBA to report certain metrics related to the disbursement of microloans to small businesses, including (1) the number, amount, and percentage of such loans that went into default in the previous year; (2) the extent to which microloans are provided to small businesses in rural areas; and (3) the average size, rate of interest, and amount of fees charged for each microloan.

]]> Microloan Transparency and Accountability Act of 2020 Display Title Microloan Transparency and Accountability Act of 2020 Short Title(s) as Passed House Microloan Transparency and Accountability Act of 2020 H House Engrossed in House EH Official Title as Introduced To amend the Small Business Act to increase transparency and to enhance the use of microloans in rural areas, and for other purposes. Engrossed in House EH Short Titles as Passed House Microloan Transparency and Accountability Act of 2020 H House Short Title(s) as Introduced Microloan Transparency and Accountability Act of 2020 Introduced in House IH Referred in Senate 2020-09-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6078rfs/xml/BILLS-116hr6078rfs.xml Engrossed in House 2020-09-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6078eh/xml/BILLS-116hr6078eh.xml Introduced in House 2020-03-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6078ih/xml/BILLS-116hr6078ih.xml 2020-09-15 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.