H.R.4531: 7(a) Loan Agent Oversight Act

About This Bill

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Versions

Bill Summary

7(a) Loan Agent Oversight Act This bill requires the Small Business Administration (SBA) to submit an annual report containing specified information related to 7(a) loan agents. These agents provide fee-based referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA guarantees up to 80% of a private lender's loan to a small business borrower who cannot obtain credit elsewhere on reasonable terms...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 5 statements associated with H.R.4531.

Bill Actions

Date Description
Nov. 3, 2021
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Nov. 2, 2021
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 411 - 9 (Roll no. 352).
Nov. 2, 2021
Considered as unfinished business.
Nov. 2, 2021
Considered under suspension of the rules.
Nov. 2, 2021
Motion to reconsider laid on the table Agreed to without objection.
Nov. 2, 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.
Nov. 2, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 4531.
Nov. 2, 2021
Ms. Velazquez moved to suspend the rules and pass the bill.
Nov. 2, 2021
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 411 - 9 (Roll no. 352). (text: CR H6092)
Nov. 2, 2021
Considered as unfinished business. (consideration: CR H6102-6103)
Nov. 2, 2021
Considered under suspension of the rules. (consideration: CR H6092-6093)
Oct. 12, 2021
Placed on the Union Calendar, Calendar No. 104.
Oct. 12, 2021
Reported by the Committee on Small Business. H. Rept. 117-144.
July 29, 2021
Ordered to be Reported by Voice Vote.
July 29, 2021
Committee Consideration and Mark-up Session Held.
July 19, 2021
Referred to the House Committee on Small Business.
July 19, 2021

Introduced in the House by Daniel Meuser (R-Pa.)

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