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- S.2361
S.2361: Closing the Credit Gap Act
About This Bill
- Introduced July 31, 2019
- Latest Major Action July 31, 2019
Bill Sponsor
Bill Version
- Introduced in Senate - July 31, 2019
Bill Summary
Closing the Credit Gap Act This bill establishes a Community Advantage Loan Program under which the Small Business Administration (SBA) may guarantee loans made by covered institutions to small business concerns in underserved markets. Specifically, the bill makes the Community Advantage Pilot Program (CA) permanent and includes women and minorities as eligible groups for CA loans in addition to the other categories that are currently...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 31, 2019 |
Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S5253)
|
| July 31, 2019 |
Introduced in the Senate by Benjamin L. Cardin (D-Md.) |