S 2283
115th Congress
Senate
Commerce
Agricultural prices, subsidies, credit
Business investment and capital
Congressional oversight
Credit and credit markets
Executive agency funding and structure
Government lending and loan guarantees
Government studies and investigations
Small Business Administration
Small business
Small Business 7(a) Lending Oversight Reform Act of 2018
Everywhere this bill has been
7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2018
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.
May 15, 2018
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-322.
Mar 19, 2018
Placed on Senate Legislative Calendar under General Orders. Calendar No. 351.
Mar 19, 2018
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
Mar 14, 2018
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jan 9, 2018
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jan 9, 2018
Introduced in Senate
Plain-English summary
Small Business 7(a) Lending Oversight Reform Act of 2018
This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee.
For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.
What's happening now
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.
Committees of jurisdiction
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