United States · Bill · S
S. 3551 (116th)
Small Business Access to Capital Act of 2020
Introduced
20 March 2020
Last action
—
Status
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Small Business Access to Capital Act of 2020 This bill reauthorizes for an additional eight years the State Small Business Credit Initiative. The initative assists participating states in providing collateral financial support to, and other innovative credit access and guarantee initiatives for, small businesses and manufacturers. The bill prescribes allocations of federal funds to participating states, and it authorizes the Department of the Treasury to award up to $2 billion in two tranches (portions), according to specified criteria, for participating states to (1) make federal contributions to an approved state program, or (2) use as collateral for a qualifying loan or swap funding facility.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 20 March 2020
Introduced in Senate (PDF)
Introduced in Senate · EN · 20 March 2020
Introduced in Senate
summary · EN · 20 March 2020
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/3551
- Open data entity: https://api.congress.gov/v3/bill/116/s/3551