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US HR522

US HR522
FAITH in Small Business Act Fair Assistance and Impartial Treatment of Help In Small Business Act


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To ensure equal treatment for certain faith-based organizations in certain Small Business Administration programs.

AI Summary

This bill, known as the "FAITH in Small Business Act," aims to ensure that a specific proposed rule by the Small Business Administration (SBA) regarding equal treatment of faith-based organizations in SBA loan and disaster assistance programs becomes legally binding. The proposed rule, originally issued on January 19, 2021, would be given the force of law, which means it would be implemented as a formal regulation. By codifying this proposed rule, the bill seeks to prevent potential discrimination against faith-based organizations when they apply for or receive assistance through SBA programs, ensuring they are treated equally and have the same opportunities as other organizations when seeking small business loans or disaster relief support.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Referred to the House Committee on Small Business. (on 01/16/2025)

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