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United States · Bill · HR

H.R. 7971 (117th)

SEED Act

referredUnited States· United States Congress· EN

Introduced

7 June 2022

Last action

7 June 2022 · Introduced

Status

Referred to the House Committee on Small Business.

Sponsors

Rep. Sánchez, Linda T. [D-CA-38], Rep. Lowenthal, Alan S. [D-CA-47], Rep. Porter, Katie [D-CA-47], Rep. Napolitano, Grace F. [D-CA-32], Rep. Bass, Karen [D-CA-37], Rep. Chu, Judy [D-CA-28], Rep. Roybal-Allard, Lucille [D-CA-40], Rep. Lieu, Ted [D-CA-36], Rep. Vargas, Juan [D-CA-52], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Cherfilus-McCormick, Sheila [D-FL-20], Rep. Brown, Shontel M. [D-OH-11], Rep. Torres, Norma J. [D-CA-35], Rep. Titus, Dina [D-NV-1], Rep. Phillips, Dean [D-MN-3]

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 June 2022

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 7 June 2022

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 7 June 2022

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 7 June 2022

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 7 June 2022

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 7 June 2022

    Open at official source

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Sponsors

Related records

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Sources

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