3.0.0 7388 2022-08-10T23:36:00Z 2022-08-10T23:36:00Z House HR 2020-06-26 116 hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2020-06-29T13:44:25Z Referred to 2020-06-26T13:00:35Z hsba00 Financial Services Committee House Standing Referred to 2020-06-26T13:00:40Z RLF Act 116 4075 S 2020-10-30 Became Public Law No: 116-192. Identical bill CRS 2020-06-29 hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee 1 House committee actions Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. Committee 2020-06-26 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-06-26 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2020-06-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-06-26 Introduced in House IntroReferral 1000 9 Library of Congress P000258 Rep. Peterson, Collin C. [D-MN-7] COLLIN PETERSON D MN C. 7 N K000386 Rep. Katko, John [R-NY-24] John Katko R NY 24 2020-06-26 True H001053 Rep. Hartzler, Vicky [R-MO-4] Vicky Hartzler R MO 4 2020-07-29 False H001088 Rep. Hagedorn, Jim [R-MN-1] Jim Hagedorn R MN 1 2020-08-11 False G000568 Rep. Griffith, H. Morgan [R-VA-9] H. Griffith R VA Morgan 9 2020-08-11 False J000301 Rep. Johnson, Dusty [R-SD-At Large] Dusty Johnson R SD 0 2020-08-11 False T000483 Rep. Trone, David J. [D-MD-6] David Trone D MD J. 6 2020-08-21 False N000190 Rep. Norman, Ralph [R-SC-5] Ralph Norman R SC 5 2020-08-25 False B001298 Rep. Bacon, Don [R-NE-2] Don Bacon R NE 2 2020-08-25 False B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 2020-09-14 False K000388 Rep. Kelly, Trent [R-MS-1] Trent Kelly R MS 1 2020-09-22 False C001118 Rep. Cline, Ben [R-VA-6] Ben Cline R VA 6 2020-09-22 False Transportation and Public Works Economic development Interest, dividends, interest rates Transportation and Public Works 00 2020-06-26 Introduced in House 2020-11-18T22:05:16Z Reinvigorating Lending for the Future Act or the RLF Act

This bill reduces reporting requirements for recipients of Revolving Loan Fund grants, which provide funds to capitalize lending programs for businesses that cannot obtain traditional bank financing.

Specifically, upon request by a qualifying grantee, the Economic Development Administration (EDA) must release any federal interest in a grant—thereby relieving the grantee of associated federal reporting requirements—if the request is made at least seven years after the final disbursement of the original grant. Currently, the EDA may release the federal interest in a grant beginning 20 years after the grant was awarded.

]]> RLF Act Display Title RLF Act Official Title as Introduced To amend the Public Works and Economic Development Act of 1965 to provide for the release of certain Federal interests in connection with certain grants under that Act, and for other purposes. Introduced in House IH Short Title(s) as Introduced RLF Act Introduced in House IH Short Title(s) as Introduced Reinvigorating Lending for the Future Act Introduced in House IH Introduced in House 2020-06-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr7388ih/xml/BILLS-116hr7388ih.xml 2020-06-29 Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. 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.