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IMPROVE the SBA Act

Introduced: April 28, 2022 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 28, 2022

Referred to the House Committee on Small Business.

Apr 28, 2022

Introduced in House

Plain-English summary Congressional Research Service

Improve Management, Programs, Resources, and Oversight for Vital Entrepreneurs the SBA Act or the IMPROVE the SBA Act

This bill makes various changes to the Small Business Administration's (SBA) programs and operations, including prohibiting the SBA from making direct loans under the 7(a) Program and requiring annual appearances before Congress to provide information about the effectiveness of specified SBA programs.

The bill also prohibits the SBA from providing assistance under its programs to certain organizations, including (1) entities primarily engaged in lobbying, (2) entities established to conduct public policy research or advocacy, and (3) the Planned Parenthood Federation of America Inc. or its affiliates.

What's happening now April 28, 2022

Referred to the House Committee on Small Business.

Committees of jurisdiction 1