Small Business 7(a) Lending Oversight Reform Act of 2018
USA115th CongressS-2283| Senate
| Updated: 6/5/2018
James E. Risch
Republican Senator
Idaho
Small Business and Entrepreneurship Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Small Business 7(a) Lending Oversight Reform Act of 2018 This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee. For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 351.
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-322.
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.
Commerce
Agricultural prices, subsidies, creditBusiness investment and capitalCongressional oversightCredit and credit marketsExecutive agency funding and structureGovernment lending and loan guaranteesGovernment studies and investigationsSmall businessSmall Business Administration
Small Business 7(a) Lending Oversight Reform Act of 2018
USA115th CongressS-2283| Senate
| Updated: 6/5/2018
Small Business 7(a) Lending Oversight Reform Act of 2018 This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee. For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 351.
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-322.
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.
James E. Risch
Republican Senator
Idaho
Small Business and Entrepreneurship Committee
Commerce
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Agricultural prices, subsidies, creditBusiness investment and capitalCongressional oversightCredit and credit marketsExecutive agency funding and structureGovernment lending and loan guaranteesGovernment studies and investigationsSmall businessSmall Business Administration