S 4299
117th Congress
Senate
Commerce
A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.
May 24, 2022
Introduced in Senate
Plain-English summary
This bill makes permanent the increase from $14,000 to $25,000 the minimum disaster loan amount for which the Small Business Administration may require collateral. Under current law, this increase is set to expire on November 25, 2022.
What's happening now
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
1