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S 996 116th Congress Senate Commerce Government lending and loan guarantees Small business

Microloan Program Enhancement Act of 2019

Introduced: April 2, 2019 Introduced by: Duckworth, Tammy Democratic · Illinois See on congress.gov
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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 3, 2020
Committee on Small Business and Entrepreneurship. Hearings held.
Jun 3, 2020
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-604.
Apr 2, 2019
Introduced in Senate
Apr 2, 2019
Read twice and referred to the Committee on Small Business and Entrepreneurship.
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 Plain-English summary Congressional Research Service

Microloan Program Enhancement Act of 2019

This bill expands access to financing through the Microloan Program of the Small Business Administration (SBA).

Specifically, the bill eliminates a restriction that prevents the SBA from distributing more than 1/55th of its funding in any state during the first half of the year. The bill also raises the cap on the total amount that may be committed to an intermediary to provide loans under the program. Lastly, the bill sets program levels for technical assistance grants and direct loans through FY2022.

What's happening now June 3, 2020

Committee on Small Business and Entrepreneurship. Hearings held.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 996: Microloan Program Enhancement Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-996/
MLA
"S. 996: Microloan Program Enhancement Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-996/.
Bluebook (legal)
S. 996, 116th Cong. (2026), https://openamerica.io/bill/116-S-996/.
Markdown link
[S. 996: Microloan Program Enhancement Act of 2019](https://openamerica.io/bill/116-S-996/)
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