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- H.R.5029
H.R.5029: Small Business Lending Assistance Act of 2016
About This Bill
- Introduced April 21, 2016
- Latest Major Action April 21, 2016
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Version
- Introduced in House - April 21, 2016
Bill Summary
Small Business Lending Assistance Act of 2016 This bill amends the Small Business Act with respect to guarantee fees for small business loans. The Small Business Administration (SBA) shall have discretion not to collect a guarantee fee for a loan repayable in one year or less. The SBA may not, however, collect a guarantee fee in connection with a loan repayable in one year or less if it is made to a borrower that resides in a county with an...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 21, 2016 |
Referred to the House Committee on Small Business.
|
| April 21, 2016 |
Introduced in the House by Pete Aguilar (D-Calif.) |