Senate Bill 3992 - Protecting Access to Credit for Small Businesses Act

Purpose and Summary

Chamber: Senate

Introduced date: 2024-03-20

Recent Activity

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Alternative Names

Protecting Access to Credit for Small Businesses Act

Protecting Access to Credit for Small Businesses Act

A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

Associated Legislation

To prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

Policy Areas

Commerce

Potential Impact

Sponsors and Supporters

Sen. Scott, Tim [R-SC]

Cosponsors and Supporters

Sen. Kennedy, John [R-LA]

Sen. Risch, James E. [R-ID]

Sen. Cramer, Kevin [R-ND]

Sen. Grassley, Chuck [R-IA]

Sen. Daines, Steve [R-MT]

Sen. Lankford, James [R-OK]

Sen. Ernst, Joni [R-IA]

Sen. Cornyn, John [R-TX]

Sen. Budd, Ted [R-NC]

Sen. Cotton, Tom [R-AR]

Sen. Scott, Rick [R-FL]

Sen. Braun, Mike [R-IN]

Sen. Crapo, Mike [R-ID]

Sen. Britt, Katie Boyd [R-AL]

Sen. Fischer, Deb [R-NE]

Sen. Barrasso, John [R-WY]

Sen. Hyde-Smith, Cindy [R-MS]

Committees and Subcommittees

Small Business and Entrepreneurship Committee

Variations and Revisions