CLEAR SBA Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 21, 2016)
Communicating Lender Activity Reports from the Small Business Administration Act or the CLEAR SBA Act
This bill amends the Small Business Act to define "covered loan" as a loan made or debenture issued under the Act or the Small Business Investment Act of 1958 by a private individual or entity.
The bill requires the Small Business Administration to make publicly available on its website a Lender Activity Index (i.e., a user-friendly database of specified information relating to lenders making covered loans).
The SBA shall: (1) include in the database information relating to covered loans made during FY2009-FY2015, and (2) incorporate information related to such loans on an ongoing basis.
What just happenedSep 21, 2016
Referred to the House Committee on Small Business.
Who’s behind it
- Introduced in HouseSep 21, 2016
- Sep 21, 2016IntroReferralH11100
Referred to the House Committee on Small Business.
Small Business Committee - Sep 21, 2016IntroReferralIntro-H
Introduced in House
- Sep 21, 2016IntroReferral1000
Introduced in House