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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
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 March 16, 2022

Committee on Small Business and Entrepreneurship. Hearings held.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Warren, Elizabeth
Massachusetts · Jun 22, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2162: SBA Franchise Loan Default Disclosure Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-2162/
MLA
"S. 2162: SBA Franchise Loan Default Disclosure Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2162/.
Bluebook (legal)
S. 2162, 117th Cong. (2026), https://openamerica.io/bill/117-S-2162/.
Markdown link
[S. 2162: SBA Franchise Loan Default Disclosure Act](https://openamerica.io/bill/117-S-2162/)
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