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- S.2162
S.2162: SBA Franchise Loan Default Disclosure Act
About This Bill
- Introduced June 22, 2021
- Latest Major Action March 16, 2022
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - June 22, 2021
Bill Summary
SBA Franchise Loan Default Disclosure Act This bill requires the Small Business Administration to publish on its website and to regularly update the loan default rates by franchise brands during the preceding 10-year period.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 16, 2022 |
Committee on Small Business and Entrepreneurship. Hearings held.
|
| June 22, 2021 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| June 22, 2021 |
Introduced in the Senate by Catherine Cortez Masto (D-Nev.) |