504 Program Level Flexibility Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 2021
Referred to the House Committee on Small Business.
Jul 29, 2021
Introduced in House
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Plain-English summary
504 Program Level Flexibility Act
This bill authorizes the Small Business Administration (SBA), upon a determination that the amount of its commitments to guarantee 504 loans could exceed the authorized limit, to guarantee up to 115% of that limit. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
What's happening now
Referred to the House Committee on Small Business.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
3
Cite this page
U.S. Congress. (2026). H.R. 4844: 504 Program Level Flexibility Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4844/
"H.R. 4844: 504 Program Level Flexibility Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4844/.
H.R. 4844, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4844/.
[H.R. 4844: 504 Program Level Flexibility Act](https://openamerica.io/bill/117-HR-4844/)