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- H.R.1490
H.R.1490: 504 Modernization and Small Manufacturer Enhancement Act of 2021
About This Bill
- Introduced March 2, 2021
- Latest Major Action April 19, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (3 Democrats, 5 Republicans)
Bill Versions
- Referred in Senate - April 19, 2021
- Engrossed in House - April 15, 2021
- Introduced in House - March 2, 2021
Bill Summary
504 Modernization and Small Manufacturer Enhancement Act of 2021 This bill modifies the Small Business Administration (SBA) 504 Loan Program, which provides a small business with SBA financing—through a certified development company (CDC) intermediary—for expansion or modernization. Specifically, the bill adds policy goals, at least one of which a CDC must demonstrate to be eligible for assistance. These include (1) enhancing the ability of a...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 19, 2021 |
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| April 15, 2021 |
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 400 - 16 (Roll no. 116).
|
| April 15, 2021 |
Considered as unfinished business.
|
| April 15, 2021 |
Motion to reconsider laid on the table Agreed to without objection.
|
| April 15, 2021 |
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 400 - 16 (Roll no. 116). (text: 04/14/2021 CR H1769-1770)
|
| April 15, 2021 |
Considered as unfinished business. (consideration: CR H1834-1835)
|
| April 14, 2021 |
Considered under suspension of the rules. (consideration: CR H1769-1772; text: CR H1769-1770)
|
| April 14, 2021 |
Considered under suspension of the rules.
|
| April 14, 2021 |
Considered under suspension of the rules. (consideration: CR H1769-1772)
|
| April 14, 2021 |
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
|
| April 14, 2021 |
DEBATE - The House proceeded with forty minutes of debate on H.R. 1490.
|
| April 14, 2021 |
Ms. Davids (KS) moved to suspend the rules and pass the bill.
|
| March 2, 2021 |
Referred to the House Committee on Small Business.
|
| March 2, 2021 |
Introduced in the House by Angie Craig (D-Minn.) |