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Bill115th CongressFiled Jan 9, 2018Commerce
S. 2283

Small Business 7(a) Lending Oversight Reform Act of 2018

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Just introduced

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Comm.
Floor
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What it doesSummary reported to senate with amendment(s) (Mar 19, 2018)

Small Business 7(a) Lending Oversight Reform Act of 2018

This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee.

For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.

What just happenedJun 5, 2018

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.

Who’s behind it

Sen. Risch, James E. [R-ID](R-ID)Sponsor
3 cosponsors2 D1 R
Read on Congress.gov
3cosponsors1committees9actions2related bills9subjects
  1. Jun 5, 2018Floor

    By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.

    Small Business and Entrepreneurship Committee
  2. Jun 5, 2018Committee14900

    By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-265.

    Small Business and Entrepreneurship Committee
  3. May 15, 2018Committee

    Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-322.

    Small Business and Entrepreneurship Committee
  4. Mar 19, 2018Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 351.

  5. Mar 19, 2018Committee

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

    Small Business and Entrepreneurship Committee
  6. Mar 19, 2018Committee14000

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.

    Small Business and Entrepreneurship Committee
  7. Mar 14, 2018Committee

    Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Small Business and Entrepreneurship Committee
  8. Jan 9, 2018IntroReferral

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Small Business and Entrepreneurship Committee
  9. Jan 9, 2018IntroReferral10000

    Introduced in Senate

Reported to Senate with amendment(s)Mar 19, 20181

Small Business 7(a) Lending Oversight Reform Act of 2018

This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee.

For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.

Introduced in SenateJan 9, 2018

Small Business 7(a) Lending Oversight Reform Act of 2018

This bill amends the Small Business Act to provide statutory authority for the Small Business Administration (SBA) Office of Credit Risk Management and the SBA Lender Oversight Committee.

For FY2018 and each ensuing fiscal year, the SBA may, with congressional approval, increase the cap for general business loans if the cap will be reached within that fiscal year. An increase may only be implemented once each fiscal year.

Small Business 7(a) Lending Oversight Reform Act of 2018 — Informed