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LIONs Act of 2025
3/28/2025, 12:55 PM
Summary of Bill HR 1893
Bill 119 hr 1893, also known as the Small Business Access to Capital Act, aims to make changes to the Small Business Act and the Small Business Investment Act of 1958. The main goal of this bill is to increase the maximum loan amount for certain loans that are available to small businesses.
Currently, small businesses have limited access to capital, which can hinder their ability to grow and succeed. By increasing the maximum loan amount, small businesses will have more financial resources available to them, allowing them to expand their operations, hire more employees, and invest in new technologies.
In addition to increasing the loan amount, the bill also includes provisions for other purposes, which may include streamlining the loan application process, providing additional support and resources to small businesses, and promoting economic growth and job creation. Overall, the Small Business Access to Capital Act is aimed at helping small businesses thrive and succeed by providing them with the financial resources they need to grow and expand. This bill has the potential to have a positive impact on the economy by supporting small businesses, which are a vital part of the US economy.
Currently, small businesses have limited access to capital, which can hinder their ability to grow and succeed. By increasing the maximum loan amount, small businesses will have more financial resources available to them, allowing them to expand their operations, hire more employees, and invest in new technologies.
In addition to increasing the loan amount, the bill also includes provisions for other purposes, which may include streamlining the loan application process, providing additional support and resources to small businesses, and promoting economic growth and job creation. Overall, the Small Business Access to Capital Act is aimed at helping small businesses thrive and succeed by providing them with the financial resources they need to grow and expand. This bill has the potential to have a positive impact on the economy by supporting small businesses, which are a vital part of the US economy.
Read the Full Bill
Current Status of Bill HR 1893
Bill HR 1893 is currently in the status of Bill Introduced since March 5, 2025. Bill HR 1893 was introduced during Congress 119 and was introduced to the House on March 5, 2025. Bill HR 1893's most recent activity was Referred to the House Committee on Small Business. as of March 5, 2025
Bipartisan Support of Bill HR 1893
Total Number of Sponsors
8Democrat Sponsors
8Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
7Democrat Cosponsors
4Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1893
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 1893
LIONs Act of 2025
LIONs Act of 2025
Loans In Our Neighborhoods Act of 2025
To amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.
Comments
Sponsors and Cosponsors of HR 1893
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