3.0.0 4844 2022-12-31T05:04:16Z 2022-12-31T05:04:16Z House HR 2021-07-29 117 [Congressional Record Volume 167, Number 133 (Thursday, July 29, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. NEWMAN:H.R. 4844.Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article I of the Unuited StatesConstitution[Page H4295]]]> hssm00 Small Business Committee House Standing Referred to 2021-07-29T14:07:05Z 2021-07-29 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2021-07-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-07-29 Introduced in House IntroReferral 1000 9 Library of Congress N000192 Rep. Newman, Marie [D-IL-3] Marie Newman D IL 3 N D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2021-09-14 False M001214 Rep. Mrvan, Frank J. [D-IN-1] Frank Mrvan D IN J. 1 2022-02-02 False S001216 Rep. Schrier, Kim [D-WA-8] Kim Schrier D WA 8 2022-02-08 False Commerce Commerce 00 2021-07-29 Introduced in House 2021-10-05T19:13:23Z 504 Program Level Flexibility Act

This bill authorizes the Small Business Administration (SBA), upon a determination that the amount of its commitments to guarantee 504 loans could exceed the authorized limit, to guarantee up to 115% of that limit. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.

]]> 504 Program Level Flexibility Act Official Title as Introduced To amend the Small Business Investment Act of 1958 to allow the Administrator of the Small Business Administration the authority to increase amount of commitments to qualified State or local development companies, and for other purposes. Introduced in House IH Display Title 504 Program Level Flexibility Act Short Title(s) as Introduced 504 Program Level Flexibility Act Introduced in House IH Introduced in House 2021-07-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr4844ih/xml/BILLS-117hr4844ih.xml 2021-07-29 Referred to the House Committee on Small Business. 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.