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HR 5029 114th Congress House Commerce Government lending and loan guarantees Small business Unemployment User charges and fees

Small Business Lending Assistance Act of 2016

Introduced: April 21, 2016 Introduced by: Aguilar, Pete Democratic · California See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 21, 2016
Referred to the House Committee on Small Business.
Apr 21, 2016
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Lending Assistance Act of 2016

This bill amends the Small Business Act with respect to guarantee fees for small business loans.

The Small Business Administration (SBA) shall have discretion not to collect a guarantee fee for a loan repayable in one year or less.

The SBA may not, however, collect a guarantee fee in connection with a loan repayable in one year or less if it is made to a borrower that resides in a county with an annual unemployment rate for the preceding calendar year of at least one percentage point greater than the national annual unemployment rate for that year.

What's happening now April 21, 2016

Referred to the House Committee on Small Business.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2
Kilmer, Derek
· Sep 26, 2016
 D
Peters, Scott H.
California · Sep 26, 2016
 D
Norton, Eleanor Holmes
District of Columbia · May 3, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5029: Small Business Lending Assistance Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5029/
MLA
"H.R. 5029: Small Business Lending Assistance Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5029/.
Bluebook (legal)
H.R. 5029, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5029/.
Markdown link
[H.R. 5029: Small Business Lending Assistance Act of 2016](https://openamerica.io/bill/114-HR-5029/)
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