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A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.

12/29/2022, 4:48 PM

Congressional Summary of S 4299

This bill makes permanent the increase from $14,000 to $25,000 the minimum disaster loan amount for which the Small Business Administration may require collateral. Under current law, this increase is set to expire on November 25, 2022.

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Current Status of Bill S 4299

Bill S 4299 is currently in the status of Bill Introduced since May 24, 2022. Bill S 4299 was introduced during Congress 117 and was introduced to the Senate on May 24, 2022.  Bill S 4299's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of May 24, 2022

Bipartisan Support of Bill S 4299

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
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 4299

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 4299

A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.
A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.

Comments

Sponsors and Cosponsors of S 4299

John Kennedy
John Kennedy
LouisianaRepublican

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