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- S.2187
S.2187: A bill to remove the sunset date for amendments to the Small Business Investment Act of 1958, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about commerce
- Introduced March 12, 2012
- Latest Major Action March 12, 2012
Bill Sponsor
Bill Summary
Amends the Small Business Investment Act of 1958 to allow the Administrator of the Small Business Administration (SBA) to guarantee a surety against any loss resulting from the breach of a bid bond, payment bond, performance bond, or bonds ancillary thereto, by a principal on any work order or contract amount up to $5 million (under current law, up to $2 million). Requires the Administrator to reimburse such a surety unless the total contract...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
|
| March 12, 2012 |
Introduced in the Senate by Benjamin L. Cardin (D-Md.) |