S.2125: Small Business Lending and Economic Inequality Reduction Act of 2015

About This Bill

  • Introduced Oct. 1, 2015
  • Latest Major Action Oct. 1, 2015

Bill Cosponsors

2 (All Democrats)

Bill Summary

Small Business Lending and Economic Inequality Reduction Act of 2015 This bill amends the Small Business Act to establish a Community Advantage Program, under which the Small Business Administration (SBA) may guarantee loans up to $350,000 made by specified kinds of institutions, including: development companies eligible for the state and local development company program, nonprofit intermediaries, non-federally regulated entities certified...

(Source: Library of Congress)

Bill Actions

Date Description
Oct. 1, 2015
Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S7104-7105)
Oct. 1, 2015

Introduced in the Senate by Dianne Feinstein (D-Calif.)

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