United States · Bill · HR
H.R. 2056 (115th)
Microloan Modernization Act of 2017
Introduced
6 April 2017
Last action
25 July 2017 · Introduced
Status
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsors
Rep. Murphy, Stephanie N. [D-FL-7], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Moulton, Seth [D-MA-6], Rep. Bacon, Don [R-NE-2], Rep. Clarke, Yvette D. [D-NY-9], Rep. Meeks, Gregory W. [D-NY-5], Rep. Kind, Ron [D-WI-3], Rep. Harris, Andy [R-MD-1], Rescom. González-Colón, Jenniffer [R-PR-At Large], Rep. Kilmer, Derek [D-WA-6], Rep. Soto, Darren [D-FL-9], Rep. Takano, Mark [D-CA-39]
Subjects
Discovery layer
Source updated
5 December 2025
Summary
Microloan Modernization Act of 2017 This bill amends the Small Business Act to repeal the "25/75" rule under the Small Business Administration (SBA) Microloan Program (assisting low-income individuals to start and operate a small business) that permits SBA-designated microloan intermediary lenders to expend up to 25% of the intensive marketing, management, and technical assistance grant funds they receive from the SBA to provide information and technical assistance to small business concerns that are their prospective borrowers. The total amount of loans outstanding and committed to any particular intermediary (excluding outstanding grants) from the SBA business loan and investment fund shall be increased from $5 million to $6 million for the remaining years of the intermediary's participation in the program. The SBA shall: compare the operations of a representative sample of eligible intermediaries that participate in the microloan program and of eligible intermediaries that do not, study the reasons why the latter do not participate, recommend how to encourage increased participation by intermediaries in the microloan program, and recommend how to decrease the associated costs for intermediary participation. The Government Accountability Office shall evaluate: SBA oversight of the microloan program, including oversight of participating intermediaries; and the specific processes the SBA uses to ensure program compliance by participating intermediaries and overall microloan program performance.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
6 April 2017
Introduced
Referred to the House Committee on Small Business.
Source: IntroReferral
6 April 2017
Introduced
Introduced in House
Source: IntroReferral
6 April 2017
Introduced
Introduced in House
Source: IntroReferral
15 June 2017
Reported
Ordered to be Reported (Amended).
Source: Committee
15 June 2017
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
12 July 2017
Calendars
Placed on the Union Calendar, Calendar No. 150.
Source: Calendars
12 July 2017
Reported
Reported (Amended) by the Committee on Small Business. H. Rept. 115-214.
Source: Committee
12 July 2017
Reported
Reported (Amended) by the Committee on Small Business. H. Rept. 115-214.
Source: Committee
24 July 2017
Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 2056.
Source: Floor
24 July 2017
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
24 July 2017
Floor
Considered under suspension of the rules. (consideration: CR H6179-6181)
Source: Floor
24 July 2017
Passed
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6180)
Source: Floor
24 July 2017
Passed
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H6180)
Source: Floor
24 July 2017
Floor
Mr. Chabot moved to suspend the rules and pass the bill, as amended.
Source: Floor
25 July 2017
Introduced
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Referred in Senate · 25 July 2017 · Download file
- Engrossed in House · 24 July 2017 · Download file
- Reported in House · 12 July 2017 · Download file
- Introduced in House · 6 April 2017 · Download file
Documents
11 official files
Referred in Senate (text)
This file cannot be previewed here. Use View or Download.
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Referred in Senate (text)
Referred in Senate · EN · 25 July 2017
Referred in Senate (PDF)
Referred in Senate · EN · 25 July 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (text)
Engrossed in House · EN · 24 July 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (PDF)
Engrossed in House · EN · 24 July 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Passed House amended
summary · EN · 24 July 2017
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (text)
Reported in House · EN · 12 July 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (PDF)
Reported in House · EN · 12 July 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported to House with amendment(s)
summary · EN · 12 July 2017
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (text)
Introduced in House · EN · 6 April 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (PDF)
Introduced in House · EN · 6 April 2017
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 6 April 2017
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Murphy, Stephanie N. [D-FL-7] · D · Sponsor
- Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
- Rep. Moulton, Seth [D-MA-6] · D · Sponsor
- Rep. Bacon, Don [R-NE-2] · R · Cosponsor
- Rep. Clarke, Yvette D. [D-NY-9] · D · Cosponsor
- Rep. Meeks, Gregory W. [D-NY-5] · D · Cosponsor
- Rep. Kind, Ron [D-WI-3] · D · Cosponsor
- Rep. Harris, Andy [R-MD-1] · R · Cosponsor
- Rescom. González-Colón, Jenniffer [R-PR-At Large] · R · Cosponsor
- Rep. Kilmer, Derek [D-WA-6] · D · Cosponsor
- Rep. Soto, Darren [D-FL-9] · D · Cosponsor
- Rep. Takano, Mark [D-CA-39] · D · Cosponsor
- · sssb00 · Standing
- · hssm00 · Standing
Related records
- related to → Microloan Modernization Act of 2018
- related to ← John S. McCain National Defense Authorization Act for Fiscal Year 2019
- related to ← Puerto Rico Economic Empowerment Act of 2018
- related to ← Puerto Rico Economic Empowerment Act of 2018
- related to ← Puerto Rico Economic Empowerment Act of 2018
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/2056
- Open data entity: https://api.congress.gov/v3/bill/115/hr/2056
- us · 115-hr-2056 · source updated 5 December 2025