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H.R. 5514

Bring the Jobs Home Loan Act of 2014

Bring the Jobs Home Loan Act of 2014 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish a loan program to assist small businesses involved in manufacturing to begin the U.S. production of products that would otherwise be imported.

Requires small businesses receiving these loans to report to the Administrator on: (1) facility and equipment changes made using the loans, and (2) progress made in such production. Allows the Administrator to consider the report information in determining whether to provide an additional loan or loan assistance under another SBA program.

Prohibits an individual loan greater than 5% of the total amount available for such loans.

Referred to the House Committee on Small Business.

Rep. Israel, Steve [D-NY-3](D-NY)Sponsor
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  1. IntroReferralH11100

    Referred to the House Committee on Small Business.

    Small Business Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Bring the Jobs Home Loan Act of 2014 — Informed