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- S.2231
S.2231: 504 Modernization and Small Manufacturer Enhancement Act of 2021
About This Bill
- Introduced June 24, 2021
- Latest Major Action June 24, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Version
- Introduced in Senate - June 24, 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)
Bill Actions
| Date | Description |
|---|---|
| June 24, 2021 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| June 24, 2021 |
Introduced in the Senate by Amy Klobuchar (D-Minn.) |