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S. 258 117th Congress Senate

Small Business Access to Capital Act of 2021

Official title: A bill to help small businesses access capital and create jobs by reauthorizing the successful State Small Business Credit Initiative.

Introduced: March 9, 2021 Introduced by: Gary C. Peters Democratic · Michigan See on congress.gov
Commerce AppropriationsBusiness investment and capitalCredit and credit marketsGovernment lending and loan guarantees
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ManufacturingSmall businessState and local finance
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 4, 2021
Introduced in Senate
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 Latest action February 4, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Small Business Access to Capital Act of 2021

This bill reauthorizes for an additional eight years the State Small Business Credit Initiative.

The initative assists participating states in providing collateral financial support to, and other innovative credit access and guarantee initiatives for, small businesses and manufacturers.

The bill prescribes allocations of federal funds to participating states, and it authorizes the Department of the Treasury to award up to $5 billion in two tranches (portions), according to specified criteria, for participating states to (1) make federal contributions to an approved state program, or (2) use as collateral for a qualifying loan or swap funding facility.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 7

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

See all 7 filings →
 Cosponsors 1
All 1 Democratic 1
D
Coons, Christopher A.
Delaware · Mar 9, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 258: Small Business Access to Capital Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-258/
MLA
"S. 258: Small Business Access to Capital Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-258/.
Bluebook (legal)
S. 258, 117th Cong. (2026), https://openamerica.io/bill/117-S-258/.
Markdown link
[S. 258: Small Business Access to Capital Act of 2021](https://openamerica.io/bill/117-S-258/)
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