American Small Business Competition Act of 2022

12/29/2022, 9:33 PM

American Small Business Competition Act of 2022

This bill increases the maximum loan amounts available for small businesses principally engaged in agriculture, manufacturing, or the production of certain technologies. It also requires the Small Business Administration to report about the effect of inflation and supply chain disruption on the cost to small businesses of accessing capital.

Congress
117
Number
S - 3682
Introduced on
2022-02-17
# Amendments
0
Sponsors
+5

Variations and Revisions

2/17/2022
Text
PDF
XML

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 agriculture, manufacturing, or the production of certain technologies. It also requires the Small Business Administration to report about the effect of inflation and supply chain disruption on the cost to small businesses of accessing capital.

Alternative Names
Official Title as IntroducedA bill 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 agriculture, manufacturing, or production of critical and emerging technologies, and for other purposes.
Policy Areas
Commerce

Comments

Related

Bill Update Alert:  American Small Business Competition Act of 2022

Recent Activity

Latest Summary11/2/2022

American Small Business Competition Act of 2022

This bill increases the maximum loan amounts available for small businesses principally engaged in agriculture, manufacturing, or the production of certain technologies. It a...

Latest Action2/17/2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.