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S. 26

A bill to provide for payment of losses by the Small Business Administration directly to the obligee of a bid bond, performance bond, or payment bond in the event of insolvency or bankruptcy of the surety company.

A plain-language summary from the Congressional Research Service isn’t available yet for this bill. CRS summaries are typically posted within a few weeks of introduction.

Referred to Senate Select Committee on Small Business.

Sen. Bumpers, Dale [D-AR](D-AR)Sponsor
1committees
A bill to provide for payment of losses by the Small Business Administration directly to t… — Informed