Senate Bill 2232
119th Congress(2025-2026)
Expanding the Surety Bond Program Act of 2025
Active
Passed Senate on Apr 29, 2026
Bill Intelligence
The "Expanding the Surety Bond Program Act of 2025" seeks to amend the Small Business Investment Act of 1958 to increase the limit on surety bond amounts. It also outlines conditions for decreasing this limit and imposes reporting requirements on the Small Business Administration and the Government Accountability Office. The bill aims to impact small businesses by providing higher surety bond amounts and introducing oversight measures to ensure the financial health of the revolving fund created under the program. Additionally, it requires a report on the processes for approving applicants, with recommendations for improving program efficiency.
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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
2232
Congress
119
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.
checkPassed on April 29, 2026
Status
Passed
Type
Unanimous Consent
Unanimous Consent
A senator may request unanimous consent on the floor to set aside a specified rule of procedure so as to expedite proceedings. If no Senator objects, the Senate permits the action, but if any one senator objects, the request is rejected. Unanimous consent requests with only immediate effects are routinely granted, but ones affecting the floor schedule, the conditions of considering a bill or other business, or the rights of other senators, are normally not offered, or a floor leader will object to it, until all senators concerned have had an opportunity to inform the leaders that they find it acceptable.
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Summary
Unavailable
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04/29/2026
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S2108-2109; text of amendment in the nature of a substitute: CR S2108-2109)
04/29/2026
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
07/30/2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 135.
07/30/2025
Committee on Small Business and Entrepreneurship. Reported by Senator Ernst with an amendment in the nature of a substitute. Without written report.
07/16/2025
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
07/09/2025
Read twice and referred to the Committee on Small Business and Entrepreneurship.
07/09/2025
Introduced in Senate
Public Record
Record Updated
Apr 30, 2026 8:10:49 PM