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Fair Access for Cannabis Small Businesses Act

3/13/2024, 10:04 AM

Congressional Summary of S 5131

Fair Access for Cannabis Small Businesses Act

This bill prohibits the Small Business Administration from declining to provide certain loans or other assistance to an otherwise eligible small business solely because the business is a cannabis-related legitimate business or service provider.

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Current Status of Bill S 5131

Bill S 5131 is currently in the status of Bill Introduced since November 17, 2022. Bill S 5131 was introduced during Congress 117 and was introduced to the Senate on November 17, 2022.  Bill S 5131's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of November 17, 2022

Bipartisan Support of Bill S 5131

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5131

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 5131

Fair Access for Cannabis Small Businesses Act
Fair Access for Cannabis Small Businesses Act
A bill to ensure that certain loan programs of the Small Business Administration are made available to cannabis-related legitimate businesses and service providers, and for other purposes.

Comments

Sponsors and Cosponsors of S 5131

Jacky Rosen
Jacky Rosen
NevadaDemocrat

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