S 2162
117th Congress
Senate
Commerce
Government information and archives
Government lending and loan guarantees
Retail and wholesale trades
Small business
SBA Franchise Loan Default Disclosure Act
Introduced: June 22, 2021
Introduced by:
Cortez Masto, Catherine
Democratic
· Nevada
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 16, 2022
Committee on Small Business and Entrepreneurship. Hearings held.
Jun 22, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 22, 2021
Introduced in Senate
Plain-English summary
SBA Franchise Loan Default Disclosure Act
This bill requires the Small Business Administration to publish on its website and to regularly update the loan default rates by franchise brands during the preceding 10-year period.
What's happening now
Committee on Small Business and Entrepreneurship. Hearings held.
Committees of jurisdiction
1
Cosponsors
1