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United States · Bill · HR

H.R. 1833 (115th)

Investing in America's Small Businesses Act of 2017

referredUnited States· United States Congress· EN

Introduced

30 March 2017

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Investing in America's Small Businesses Act of 2017 This bill amends the Community Development Banking and Financial Institutions Act of 1994 to require the Community Development Financial Institutions Fund to make grants to community development financial institutions for: (1) the establishment of loan-loss reserve funds to defray the costs of small business lending, and (2) related technical assistance. A community development financial institution must provide nonfederal matching funds equal to 50% of the amount of any grant received. A grantee may not use grant funds to make direct loans to small businesses.

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3 official files

Introduced in House (text)

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