HR 7874
117th Congress
House
Commerce
SSBCI Improvement Act
Introduced: May 24, 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
May 24, 2022
Referred to the House Committee on Financial Services.
May 24, 2022
Introduced in House
Plain-English summary
SSBCI Improvement Act
This bill modifies how funds are transferred to (and recouped from) states under the State Small Business Credit Initiative. For example, if a state's allocated amount is less than or equal to $1,000,000 the Department of the Treasury must provide the full amount in a single transfer.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1
Cosponsors
1