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S 967 114th Congress Senate Commerce Business investment and capital Credit and credit markets Government information and archives Small Business Administration Small business

CLEAR SBA Act

Introduced: April 15, 2015 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 26, 2016
By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-267.
Jun 10, 2015
Placed on Senate Legislative Calendar under General Orders. Calendar No. 108.
Jun 10, 2015
Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.
Apr 23, 2015
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Apr 15, 2015
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Apr 15, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Communicating Lender Activity Reports from the Small Business Administration Act or the CLEAR SBA Act

This bill amends the Small Business Act to define "covered loan" as a loan made or debenture issued under the Act or the Small Business Investment Act of 1958 by a private individual or entity.

The bill requires the Small Business Administration to make publicly available on its website a Lender Activity Index (i.e., a user-friendly database of specified information relating to lenders making these loans).

The SBA shall: (1) include in the database information relating to covered loans made during FY2009-FY2015, and (2) incorporate information related to such loans on an ongoing basis.

What's happening now May 26, 2016

By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-267.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 3 Republican 1