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

12/15/2023, 4:02 PM

Congressional Summary of HR 5848

This bill prohibits the Small Business Administration from directly making a loan under the 7(a) Program, which authorizes loans and loan guaranties to small businesses that meet certain requirements.

Current Status of Bill HR 5848

Bill HR 5848 is currently in the status of Bill Introduced since September 29, 2023. Bill HR 5848 was introduced during Congress 118 and was introduced to the House on September 29, 2023.  Bill HR 5848's most recent activity was Referred to the House Committee on Small Business. as of September 29, 2023

Bipartisan Support of Bill HR 5848

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 HR 5848

Primary Policy Focus

Commerce
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