H.R.7971: SEED Act

About This Bill

  • Introduced June 7, 2022
  • Latest Major Action June 7, 2022

Bill Version

Bill Summary

Supporting Entrepreneurs and Economic Development Act or the SEED Act This bill requires lenders to refer applicants for certain small business loans to a resource partner if the applicant is determined ineligible for a loan under the program. Resource partners, such as small business development centers, provide informational tools and training to support business start-ups and existing business expansion. Lenders and the Small Business...

(Source: Library of Congress)

Bill Actions

Date Description
June 7, 2022
Referred to the House Committee on Small Business.
June 7, 2022

Introduced in the House by Linda T. Sánchez (D-Calif.)

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