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S 2383 116th Congress Senate Commerce Business records Government lending and loan guarantees Retail and wholesale trades Small business

Small Business Administration Franchise Loan Transparency Act of 2019

Introduced: July 31, 2019 Introduced by: Cortez Masto, Catherine Democratic · Nevada See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jul 31, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Small Business Administration Franchise Loan Transparency Act of 2019

This bill requires a franchisor seeking guaranteed lending from the Small Business Administration to disclose historical revenue and store-closure information to any prospective franchisee before the loan will be approved.

What's happening now July 31, 2019

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Baldwin, Tammy
Wisconsin · Nov 21, 2019
 D
Murphy, Christopher
Connecticut · Oct 30, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2383: Small Business Administration Franchise Loan Transparency Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-2383/
MLA
"S. 2383: Small Business Administration Franchise Loan Transparency Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2383/.
Bluebook (legal)
S. 2383, 116th Cong. (2026), https://openamerica.io/bill/116-S-2383/.
Markdown link
[S. 2383: Small Business Administration Franchise Loan Transparency Act of 2019](https://openamerica.io/bill/116-S-2383/)
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