HR 6348
115th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Government lending and loan guarantees
Real estate business
Small business
Small Business ACE Act
Everywhere this bill has been
22 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 21, 2018
Became Public Law No: 115-371.
Dec 21, 2018
Signed by President.
Dec 21, 2018
Presented to President.
Dec 20, 2018
Message on Senate action sent to the House.
Dec 19, 2018
Passed Senate without amendment by Voice Vote.
Dec 19, 2018
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
Dec 19, 2018
Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent. (consideration: S7896-7897)
Dec 19, 2018
Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.(consideration: S7896-7897)
Sep 26, 2018
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sep 25, 2018
Motion to reconsider laid on the table Agreed to without objection.
Sep 25, 2018
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8802)
Sep 25, 2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8802)
Sep 25, 2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 6348.
Sep 25, 2018
Considered under suspension of the rules. (consideration: CR H8802-8803)
Sep 25, 2018
Mr. Chabot moved to suspend the rules and pass the bill.
Sep 12, 2018
Placed on the Union Calendar, Calendar No. 732.
Sep 12, 2018
Reported by the Committee on Small Business. H. Rept. 115-941.
Jul 18, 2018
Ordered to be Reported.
Jul 18, 2018
Committee Consideration and Mark-up Session Held.
Jul 12, 2018
Referred to the House Committee on Small Business.
Jul 12, 2018
Sponsor introductory remarks on measure. (CR H6118-6119)
Jul 12, 2018
Introduced in House
Plain-English summary
Small Business Access to Capital and Efficiency Act or the Small Business ACE Act
(Sec. 2) This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)
What's happening now
Became Public Law No: 115-371.
Committees of jurisdiction
2
Cosponsors
1