Capital for Cooperatives Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Dec 16, 2021)
Capital for Cooperatives Act
This bill eliminates the requirement that cooperatives provide a personal guarantee with respect to certain Small Business Administration (SBA) loans. It also requires the SBA, in collaboration with the Interagency Working Group on Cooperative Development, to develop recommendations and cooperate with federal agencies and other entities to promote, support, and increase the number of cooperatives.
What just happenedJan 4, 2022
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Who’s behind it
- Introduced in HouseDec 16, 2021
- Jan 4, 2022Committee
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Commodity Markets, Digital Assets, and Rural Development Subcommittee - Dec 16, 2021IntroReferralH11100
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Agriculture Committee - Dec 16, 2021IntroReferralH11100
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Small Business Committee - Dec 16, 2021IntroReferralIntro-H
Introduced in House
- Dec 16, 2021IntroReferral1000
Introduced in House