House Bill 7628
117th Congress(2021-2022)
IMPROVE the SBA Act
Introduced
Introduced in House on Apr 28, 2022
Origin Chamber
House
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
7628
Congress
117
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 House votes have been held for this bill.
Summary
Improve Management, Programs, Resources, and Oversight for Vital Entrepreneurs the SBA Act or the IMPROVE the SBA Act
This bill makes various changes to the Small Business Administration's (SBA) programs and operations, including prohibiting the SBA from making direct loans under the 7(a) Program and requiring annual appearances before Congress to provide information about the effectiveness of specified SBA programs.
The bill also prohibits the SBA from providing assistance under its programs to certain organizations, including (1) entities primarily engaged in lobbying, (2) entities established to conduct public policy research or advocacy, and (3) the Planned Parenthood Federation of America Inc. or its affiliates.
April 28, 2022
04/28/2022
Referred to the House Committee on Small Business.
04/28/2022
Introduced in House
Public Record
Record Updated
Feb 4, 2023 4:46:02 AM