3.0.0 996 2022-11-01T19:02:24Z 2022-11-05T19:28:22Z Senate S 2019-04-02 116 sssb00 Small Business and Entrepreneurship Committee Senate Standing Hearings by 2020-06-03T19:24:00Z Referred to 2019-04-02T21:42:38Z 2020-06-03 sssb00 Small Business and Entrepreneurship Committee Senate Committee on Small Business and Entrepreneurship. Hearings held. Committee 2019-04-02 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2019-04-02 Introduced in Senate IntroReferral 10000 9 Library of Congress D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL N D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2019-07-31 False Commerce Government lending and loan guarantees Small business Commerce 00 2019-04-02 Introduced in Senate 2020-02-25T19:41:54Z Microloan Program Enhancement Act of 2019

This bill expands access to financing through the Microloan Program of the Small Business Administration (SBA).

Specifically, the bill eliminates a restriction that prevents the SBA from distributing more than 1/55th of its funding in any state during the first half of the year. The bill also raises the cap on the total amount that may be committed to an intermediary to provide loans under the program. Lastly, the bill sets program levels for technical assistance grants and direct loans through FY2022.

]]> Microloan Program Enhancement Act of 2019 Display Title Microloan Program Enhancement Act of 2019 Short Title(s) as Introduced Microloan Program Enhancement Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to modify the microloan program of the Small Business Administration, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-04-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s996is/xml/BILLS-116s996is.xml 2020-06-03 Committee on Small Business and Entrepreneurship. Hearings held. 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.