S.2245: 504 Credit Risk Management Improvement Act of 2021

About This Bill

Bill Sponsor

Bill Cosponsors

2 (All Democrats)

Bill Version

Bill Summary

504 Credit Risk Management Improvement Act of 2021 This bill revises the duties of the Office of Credit Risk Management to include oversight of a certified development company (CDC) that participates in the 504 Loan Program of the Small Business Administration (SBA), and it requires the SBA to issue rules related to certain environmental requirements. The 504 Loan Program provides a small business with SBA financing—through a CDC...

(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 Todd Young (R-Ind.)

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