House Bill 6303 - Increasing Access to Capital Act of 2020

Purpose and Summary

Chamber: House

Introduced date: 2020-03-19

Recent Activity

Referred to the House Committee on Small Business.

Alternative Names

Increasing Access to Capital Act of 2020

To temporarily reduce fees for certain loans under the Small Business Administration, to increase guarantee amounts on certain loans, and for other purposes.

Increasing Access to Capital Act of 2020

Associated Legislation

Workforce Emergency Response Act of 2020

COVID–19 Relief for Small Businesses Act of 2020

COVID–19 RELIEF for Small Businesses Act of 2020

The Heroes Act

Policy Areas

Commerce

Potential Impact

Cardiovascular and respiratory health

Emergency medical services and trauma care

Government lending and loan guarantees

Industrial facilities

Infectious and parasitic diseases

Manufacturing

Small business

User charges and fees

Veterans' education, employment, rehabilitation

Veterans' loans, housing, homeless programs

Sponsors and Supporters

Rep. Crow, Jason [D-CO-6]

Cosponsors and Supporters

Rep. Velazquez, Nydia M. [D-NY-7]

Rep. Carson, Andre [D-IN-7]

Rep. DeGette, Diana [D-CO-1]

Rep. Neguse, Joe [D-CO-2]

Del. Norton, Eleanor Holmes [D-DC-At Large]

Rep. Panetta, Jimmy [D-CA-20]

Rep. Perlmutter, Ed [D-CO-7]

Rep. Deutch, Theodore E. [D-FL-22]

Rep. Rouda, Harley [D-CA-48]

Rep. Correa, J. Luis [D-CA-46]

Rep. Evans, Dwight [D-PA-3]

Rep. McNerney, Jerry [D-CA-9]

Rep. Cárdenas, Tony [D-CA-29]

Rep. Lawson, Al, Jr. [D-FL-5]

Rep. Lamb, Conor [D-PA-17]

Rep. Fletcher, Lizzie [D-TX-7]

Rep. Lieu, Ted [D-CA-33]

Committees and Subcommittees

Small Business Committee

Variations and Revisions

Al Lawson, Jr.Workforce Emergency Response Act of 2020Harley RoudaJerry McNerneyCOVID–19 Relief for Small Businesses Act of 2020

Increasing Access to Capital Act of 2020

2/9/2022, 12:29 AM

Increasing Access to Capital Act of 2020

This bill requires the Small Business Administration (SBA) to temporarily waive, or reduce to the maximum extent possible, certain fees on SBA loans. The bill also temporarily increases the g...

Congress
116
Number
HR - 6303
Introduced on
2020-03-19
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

3/19/2020
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Increasing Access to Capital Act of 2020

This bill requires the Small Business Administration (SBA) to temporarily waive, or reduce to the maximum extent possible, certain fees on SBA loans. The bill also temporarily increases the g...

Alternative Names
Official Title as IntroducedTo temporarily reduce fees for certain loans under the Small Business Administration, to increase guarantee amounts on certain loans, and for other purposes.
Policy Areas
Commerce
Potential Impact
Cardiovascular and respiratory health•
Emergency medical services and trauma care•
Government lending and loan guarantees•
Industrial facilities•
Infectious and parasitic diseases•
Manufacturing•
Small business•
User charges and fees•
Veterans' education, employment, rehabilitation•
Veterans' loans, housing, homeless programs

Comments

Related

Member:  Al Lawson, Jr.
Bill:  Workforce Emergency Response Act of 2020
Member:  Harley Rouda
Member:  Jerry McNerney
Bill:  COVID–19 Relief for Small Businesses Act of 2020

Recent Activity

Latest Summary4/3/2020

Increasing Access to Capital Act of 2020

This bill requires the Small Business Administration (SBA) to temporarily waive, or reduce to the maximum extent possible, certain fees on SBA loans. The bill also temporarily increases the g...

Latest Action3/19/2020
Referred to the House Committee on Small Business.