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United States · Bill · S

S. 3553 (115th)

Small Business ACE Act

openUnited States· United States Congress· EN

Introduced

5 October 2018

Last action

Status

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.

Sponsors

Subjects

Discovery layer

Source updated

6 December 2025

Summary

Small Business Access to Capital and Efficiency Act or the Small Business ACE Act This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)

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Documents

6 official files

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Sources

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