S.1445: Microloan Act of 2015

About This Bill

  • Introduced May 21, 2015
  • Latest Major Action May 21, 2015

Bill Sponsor

Bill Cosponsors

3 (2 Democrats, 1 Republican)

Bill Summary

Microloan Act of 2015 This bill amends the Small Business Act to revise requirements for the Small Business Administration (SBA) Microloan Program (direct loans to eligible intermediaries for making fixed interest rate microloans to startup, newly established, or growing small businesses). The bill repeals the authority for each intermediary to expend certain grant amounts to: (1) provide information and technical assistance to small...

(Source: Library of Congress)

Bill Actions

Date Description
May 21, 2015
Read twice and referred to the Committee on Small Business and Entrepreneurship.
May 21, 2015

Introduced in the Senate by Deb Fischer (R-Neb.)

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