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S 5057 117th Congress Senate Commerce

504 Loan Availability Act

Introduced: September 29, 2022 Introduced by: Coons, Christopher A. Democratic · Delaware See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 29, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

504 Loan Availability Act

This bill temporarily combines the funding authorization for loans and refinancing loans under the Small Business Administration 504 loan program. The 504 loan program provides financing for major fixed assets through community-based Certified Development Companies (CDCs).

What's happening now September 29, 2022

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

 Committees of jurisdiction 1