118th Congress · HOUSE BILLBILL

H.R. 5848 — To prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

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

Commerce

Introduced Sep 29, 2023

Last action Sep 29, 2023

Pipeline · Bill → Law

Step 1

Introduced

Sep 29, 2023

Step 2

Referred

Sep 29, 2023

Small Business

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

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.

Provisions · 1 sectionsIntroduced in House

Timeline · 2 actions

Sep 29, 2023

Introduced in House

Sep 29, 2023

Referred to the House Committee on Small Business.