summary
Introduced
07/21/2022
07/21/2022
In Committee
07/21/2022
07/21/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To adjust collateral requirements under the Small Business Act for disaster loans, and for other purposes.
AI Summary
This bill, the Collateral Requirements for Disaster Loans Act, seeks to adjust the collateral requirements for disaster loans under the Small Business Act. Specifically, it amends the RISE After Disaster Act of 2015 by striking the provisions that allowed the Small Business Administration (SBA) to waive or reduce collateral requirements for certain disaster loans. This change would reinstate the standard collateral requirements for these loans, which may have previously been waived or reduced in certain situations.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the House Committee on Small Business. (on 07/21/2022)
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/8482/all-info |
| BillText | https://www.congress.gov/117/bills/hr8482/BILLS-117hr8482ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr8482/BILLS-117hr8482ih.pdf.pdf |
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