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S 1546 114th Congress Senate Commerce Administrative law and regulatory procedures Competitiveness, trade promotion, trade deficits Government lending and loan guarantees Small Business Administration Small business

Ensuring Small Businesses Can Export Act of 2015

Introduced: June 10, 2015 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 10, 2015
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 10, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Ensuring Small Businesses Can Export Act of 2015

This bill declares that it is the policy of this Act:

  • that, should the statutory authority for the export loan programs administered by the Export-Import Bank of the United States lapse, the Small Business Administration (SBA) shall serve the Bank's small business clients under existing statutory authority of the Small Business Act;
  • to create an SBA Export Credit Insurance Program similar to the Bank's; and
  • to ensure that small business exporters are served by SBA programs.

The bill also amends the Small Business Act to require the SBA to establish a program to provide insurance for the exports of small businesses, including insurance against nonpayment by international buyers.

What's happening now June 10, 2015

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 1