Bill117th CongressFiled Jul 29, 2021Commerce
H.R. 4844
504 Program Level Flexibility Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 29, 2021)
504 Program Level Flexibility Act
This bill authorizes the Small Business Administration (SBA), upon a determination that the amount of its commitments to guarantee 504 loans could exceed the authorized limit, to guarantee up to 115% of that limit. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
What just happenedJul 29, 2021
Referred to the House Committee on Small Business.
Who’s behind it
Rep. Newman, Marie [D-IL-3](D-IL)Sponsor
3 cosponsors3 D
3cosponsors1committees3actions
- Introduced in HouseJul 29, 2021
- Jul 29, 2021IntroReferralH11100
Referred to the House Committee on Small Business.
Small Business Committee - Jul 29, 2021IntroReferralIntro-H
Introduced in House
- Jul 29, 2021IntroReferral1000
Introduced in House