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United States · Bill · S

S. 2496 (114th)

Help Small Businesses Access Affordable Credit Act

referredUnited States· United States Congress· EN

Introduced

3 February 2016

Last action

3 February 2016 · Introduced

Status

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sponsors

Sen. Coons, Christopher A. [D-DE], Sen. Risch, James E. [R-ID], Sen. Shaheen, Jeanne [D-NH], Sen. Ayotte, Kelly [R-NH], Sen. Murphy, Christopher [D-CT], Sen. Peters, Gary C. [D-MI]

Subjects

Discovery layer

Source updated

12 August 2025

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Summary

Help Small Businesses Access Affordable Credit Act This bill amends the Small Business Act to authorize the Small Business Administration (SBA), if demand for commitments for authorized general business loans exceeds the limit on the total amount of commitments the SBA may make for such loans, to make such commitments up to 110% of that limit. The SBA may not exercise this authority until specified congressional committees have approved.

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

Timeline

  1. 3 February 2016

    Introduced

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Source: IntroReferral

  2. 3 February 2016

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 3 February 2016

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 3 February 2016

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 3 February 2016

    Open at official source

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Sponsors

Related records

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Sources

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