Bill
Bill > HR2712
summary
Introduced
04/20/2021
04/20/2021
In Committee
10/19/2021
10/19/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To ensure that certain loan programs of the Small Business Administration are made available to cannabis-related legitimate businesses and service providers, and for other purposes.
AI Summary
This bill, the Ensuring Safe Capital Access for All Small Businesses Act of 2021, aims to ensure that certain loan programs of the Small Business Administration (SBA) are made available to cannabis-related legitimate businesses and service providers. Specifically, the bill removes cannabis from the federal list of controlled substances, prohibits the SBA from declining to provide loan guarantees or other assistance solely because a small business is cannabis-related, and requires the SBA to issue rules and guidance to implement these changes within 120 days.
Committee Categories
Agriculture and Natural Resources, Business and Industry, Health and Social Services, Military Affairs and Security
Sponsors (7)
Nydia Velázquez (D)*,
Earl Blumenauer (D),
Dwight Evans (D),
Nancy Mace (R),
Marie Newman (D),
Ed Perlmutter (D),
Dean Phillips (D),
Last Action
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. (on 10/19/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/2712/all-info |
| BillText | https://www.congress.gov/117/bills/hr2712/BILLS-117hr2712ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr2712/BILLS-117hr2712ih.pdf.pdf |
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