House Bill 7678 - American Small Business Competition Act of 2022

Purpose and Summary

Chamber: House

Introduced date: 2022-05-06

Recent Activity

Referred to the House Committee on Small Business.

Alternative Names

American Small Business Competition Act of 2022

American Small Business Competition Act of 2022

To increase the loan limits under the business loan program and the 504 loan program of the Small Business Administration for businesses principally engaged in the research, development, manufacturing, or production of critical and emerging technologies, and for other purposes.

Associated Legislation

American Small Business Competition Act of 2022

Policy Areas

Commerce

Potential Impact

Sponsors and Supporters

Rep. Fitzgerald, Scott [R-WI-5]

Cosponsors and Supporters

Rep. Meuser, Daniel [R-PA-9]

Rep. Salazar, Maria Elvira [R-FL-27]

Rep. Donalds, Byron [R-FL-19]

Rep. Kim, Young [R-CA-39]

Committees and Subcommittees

Small Business Committee

Variations and Revisions

American Small Business Competition Act of 2022

12/29/2022, 11:48 PM

American Small Business Competition Act of 2022

This bill increases the maximum loan amounts available for small businesses principally engaged in the research, development, manufacturing, or production of certain technolo...

Congress
117

Number
HR - 7678

Introduced on
2022-05-06

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

5/6/2022

Status of Legislation

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

Purpose and Summary

American Small Business Competition Act of 2022

This bill increases the maximum loan amounts available for small businesses principally engaged in the research, development, manufacturing, or production of certain technolo...

Alternative Names
Official Title as IntroducedTo increase the loan limits under the business loan program and the 504 loan program of the Small Business Administration for businesses principally engaged in the research, development, manufacturing, or production of critical and emerging technologies, and for other purposes.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary11/29/2022

American Small Business Competition Act of 2022

This bill increases the maximum loan amounts available for small businesses principally engaged in the research, development, manufacturing, or production of certain technolo...


Latest Action5/6/2022
Referred to the House Committee on Small Business.