United States · Bill · HR
H.R. 7971 (117th)
SEED Act
Introduced
7 June 2022
Last action
—
Status
Referred to the House Committee on Small Business.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Supporting Entrepreneurs and Economic Development Act or the SEED Act This bill requires lenders to refer applicants for certain small business loans to a resource partner if the applicant is determined ineligible for a loan under the program. Resource partners, such as small business development centers, provide informational tools and training to support business start-ups and existing business expansion. Lenders and the Small Business Administration must report on the number of resource partner referrals and the Government Accountability Office must periodically report on the rate of such referrals.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 7 June 2022
Introduced in House (PDF)
Introduced in House · EN · 7 June 2022
Introduced in House
summary · EN · 7 June 2022
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/7971
- Open data entity: https://api.congress.gov/v3/bill/117/hr/7971