HR 4481
117th Congress
House
Commerce
Government lending and loan guarantees
Licensing and registrations
Small business
Small Business 7(a) Loan Agent Transparency Act
Introduced: July 16, 2021
See on congress.gov
Everywhere this bill has been
15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 3, 2021
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Nov 2, 2021
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Nov 2, 2021
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 9 (Roll no. 351). (text: CR H6090)
Nov 2, 2021
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 9 (Roll no. 351).(text: CR H6090)
Nov 2, 2021
Considered as unfinished business. (consideration: CR H6101-6102)
Nov 2, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 4481.
Nov 2, 2021
Considered under suspension of the rules. (consideration: CR H6090-6091)
Nov 2, 2021
Ms. Velazquez moved to suspend the rules and pass the bill.
Nov 2, 2021
Motion to reconsider laid on the table Agreed to without objection.
Oct 12, 2021
Placed on the Union Calendar, Calendar No. 101.
Oct 12, 2021
Reported by the Committee on Small Business. H. Rept. 117-141.
Jul 29, 2021
Ordered to be Reported by Voice Vote.
Jul 29, 2021
Committee Consideration and Mark-up Session Held.
Jul 16, 2021
Referred to the House Committee on Small Business.
Jul 16, 2021
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Nov 2, 2021 | House · vote #351 | On Motion to Suspend the Rules and Pass | Passed | 407–9 | See who voted → |
Plain-English summary
Small Business 7(a) Loan Agent Transparency Act
This bill provides oversight of 7(a) loan agents, including by requiring the Small Business Administration (SBA) to establish a registration system for such agents whereby certain data may be collected and by mandating that such agents register with the system and pay an annual registration fee.
These agents provide referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA provides loans and loan guarantees to small business borrowers who cannot obtain credit elsewhere on reasonable terms and conditions.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
2