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- S.1736
S.1736: Capital for Cooperatives Act
About This Bill
- Introduced May 20, 2021
- Latest Major Action May 20, 2021
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - May 20, 2021
Bill Summary
Capital for Cooperatives Act This bill eliminates the requirement that cooperatives provide a personal guarantee with respect to certain Small Business Administration (SBA) loans. It also requires the SBA, in collaboration with the Interagency Working Group on Cooperative Development, to develop recommendations and cooperate with federal agencies and other entities to promote, support, and increase the number of cooperatives.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 20, 2021 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| May 20, 2021 |
Introduced in the Senate by John Hickenlooper (D-Colo.) |