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S 3553 115th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Government lending and loan guarantees Real estate business Small business

Small Business ACE Act

Introduced: October 5, 2018 Introduced by: Risch, James E. Republican · Idaho See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 19, 2018
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.
Oct 11, 2018
Placed on Senate Legislative Calendar under General Orders. Calendar No. 634.
Oct 11, 2018
Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment and an amendment to the title. Without written report.
Oct 11, 2018
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
Oct 5, 2018
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Oct 5, 2018
Introduced in Senate
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 Plain-English summary Congressional Research Service

Small Business Access to Capital and Efficiency Act or the Small Business ACE Act

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 December 19, 2018

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.

 Related & companion bills 1
  • HR 6348 Related bill Small Business ACE Act
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3553: Small Business ACE Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-3553/
MLA
"S. 3553: Small Business ACE Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-3553/.
Bluebook (legal)
S. 3553, 115th Cong. (2026), https://openamerica.io/bill/115-S-3553/.
Markdown link
[S. 3553: Small Business ACE Act](https://openamerica.io/bill/115-S-3553/)
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