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- S.3553
S.3553: Small Business ACE Act
About This Bill
- Introduced Oct. 5, 2018
- Latest Major Action Dec. 19, 2018
Bill Sponsor
Bill Versions
- Reported to Senate - Oct. 11, 2018
- Introduced in Senate - Oct. 5, 2018
Bill Summary
Small Business Access to Capital and Efficiency Act or the Small Business ACE Act This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| Dec. 19, 2018 |
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.
|
| Oct. 11, 2018 |
Placed on Senate Legislative Calendar under General Orders. Calendar No. 634.
|
| Oct. 11, 2018 |
Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment and an amendment to the title. Without written report.
|
| Oct. 11, 2018 |
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
|
| Oct. 5, 2018 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| Oct. 5, 2018 |
Introduced in the Senate by Jim Risch (R-Idaho) |