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- H.R.4652
H.R.4652: Increasing Small Business Lending Act
About This Bill
- Introduced May 9, 2014
- Latest Major Action May 9, 2014
Bill Sponsor
Bill Cosponsors
23 (All Democrats)
Bill Summary
Increasing Small Business Lending Act - Amends the Small Business Act to suspend, until September 30, 2015, fees under the 7(a) program (SBA-guaranteed loans to small businesses) and the 504 program (financing to small businesses backed by SBA-guaranteed debentures issued by any qualified state or local development company). Authorizes the SBA to guarantee up to 90% of a loan made by a private lender to a small business eligible for a loan...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 9, 2014 |
Referred to the House Committee on Small Business.
|
| May 9, 2014 |
Introduced in the House by John F. Tierney (D-Mass.) |