[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3782 Considered and Passed Senate (CPS)]

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116th CONGRESS
  2d Session
                                S. 3782

To modify the amount authorized for commitments for 7(a) loans, and for 
                            other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 20, 2020

   Ms. Duckworth (for herself, Mr. Rubio, Mr. Coons, Mr. Risch, Mrs. 
Blackburn, Mr. Cardin, and Mrs. Shaheen) introduced the following bill; 
   which was read twice, considered, read the third time, and passed

_______________________________________________________________________

                                 A BILL


 
To modify the amount authorized for commitments for 7(a) loans, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Small Business Lending Continuity 
Act of 2020''.

SEC. 2. COMMITMENTS FOR 7(A) LOANS.

    Notwithstanding any other provision of law, the amounts authorized 
for commitments for general business loans authorized under section 
7(a) of the Small Business Act (15 U.S.C. 636(a)) under the heading 
``business loans program account'' under the heading ``Small Business 
Administration'' under title V of the Consolidated Appropriations Act, 
2020 (Public Law 116-93; 133 Stat. 2475) shall apply with respect to 
loans made under such section 7(a), other than loans made under 
paragraph (36) of such section 7(a), on and after the date of enactment 
of this Act.
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