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Bill > S2187
US S2187
US S2187A bill to remove the sunset date for amendments to the Small Business Investment Act of 1958, and for other purposes.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Amends the Small Business Investment Act of 1958 to allow the Administrator of the Small Business Administration (SBA) to guarantee a surety against any loss resulting from the breach of a bid bond, payment bond, performance bond, or bonds ancillary thereto, by a principal on any work order or contract amount up to $5 million (under current law, up to $2 million). Requires the Administrator to reimburse such a surety unless the total contract exceeds such increased amount.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 03/12/2012)
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/112th-congress/senate-bill/2187/all-info |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112s2187is/pdf/BILLS-112s2187is.pdf.pdf |
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