H.R.225: Puerto Rico Small Business Assistance Act of 2019

About This Bill

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Bill Summary

Puerto Rico Small Business Assistance Act of 2019This bill expands funding and support for small businesses that have their principal office in Puerto Rico. Specifically, the bill increases the total amount of loans outstanding and committed to any microloan intermediary if at least 20% of the intermediary's loans are made to such businesses; waives the Small Business Administration (SBA) Microloan Program's limit on an intermediary's...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.225.

Bill Actions

Date Description
Jan. 3, 2019
Referred to the House Committee on Small Business.
Jan. 3, 2019

Introduced in the House by Nydia M. Velázquez (D-N.Y.)

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