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- S.2487
S.2487: Access to Capital, Access to Opportunity Act
About This Bill
- Introduced June 18, 2014
- Latest Major Action June 18, 2014
Bill Sponsor
Bill Cosponsor
Bill Summary
Access to Capital, Access to Opportunity Act - Amends the Small Business Act to increase from $50,000 to $100,000 the maximum amount of a loan under the microloan program. Authorizes the Administrator of the Small Business Administration (SBA) to use amounts made available for administrative expenses to carry out the direct and guaranteed loan programs to pay for any costs associated with these increases. Requires the Administrator to develop...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 18, 2014 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| June 18, 2014 |
Introduced in the Senate by Deb Fischer (R-Neb.) |