Senate Bill 2283
115th Congress(2017-2018)
Small Business 7(a) Lending Oversight Reform Act of 2018
Introduced
Introduced in Senate on Jan 9, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2283
Congress
115
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Small Business 7(a) Lending Oversight Reform Act of 2018
This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee.
For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.
06/05/2018
By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.
05/15/2018
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-322.
03/19/2018
Placed on Senate Legislative Calendar under General Orders. Calendar No. 351.
03/19/2018
Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
03/14/2018
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
01/09/2018
Read twice and referred to the Committee on Small Business and Entrepreneurship.
01/09/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:38:54 PM