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

Hozzl · 2023-12-15T16:02:45Z

Explore the details of House Bill 5848 To prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

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