CLEAR SBA Act [S.537]
[Small Business ]
[Technology and Innovation ]
[Budget and Spending ]
[Funding ]
[Grants ]
[Economic Development ]
[Finance ]
[Consumer Protection ]
Communicating Lender Activity Reports from the Small Business Administration Act or CLEAR SBA Act - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to make publicly available a user-friendly database of information relating to lenders making loans under such Act or the Small Business Investment Act of 1958. Requires the Administrator to: (1) include in the database information on such loans made during FY2009-FY2013, and (2) incorporate information relating to such loans on an ongoing basis. Prohibits
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S.537: CLEAR SBA Act
Sponsored by: Sen. Mary Landrieu
Committee On Small Business And Entrepreneurship. Reported By Senator Landrieu With Amendments. With Written Report No. 113-91. on 09/10/2013
EXCEL Act [S.511]
[Small Business ]
[Finance ]
[Economic Development ]
[Funding ]
[Grants ]
Expanding Access to Capital for Entrepreneurial Leaders Act or the EXCEL Act - Amends the Small Business Investment Act of 1958 to authorize the Administrator of the Small Business Administration (SBA) to guarantee the payment of up to $4 billion per fiscal year for debentures or participating securities issued by small business investment companies (SBICs) to encourage the formation and growth of small businesses. Increases from $225 million to $350 million the maximum amount of outstanding leverage for two or more commonly-controlled SBICs.
S.511: EXCEL Act
Sponsored by: Sen. Benjamin Cardin
Committee On Small Business And Entrepreneurship. Reported By Senator Landrieu With An Amendment. With Written Report No. 113-90. on 09/10/2013
CUT Loopholes Act [S.268]
[Finance ]
[Taxes ]
[International ]
[Law Enforcement ]
[Cybersecurity ]
[Energy ]
[Crime ]
Cut Unjustified Tax Loopholes Act or the CUT Loopholes Act - Authorizes the Secretary of the Treasury to impose restrictions on foreign jurisdictions or financial institutions operating in the United States that are of primary money laundering concern or that impede U.S. tax enforcement. Amends the Internal Revenue Code to: establish a rebuttable presumption against the validity of transactions by institutions that do not comply with reporting requirements under the Foreign Account Tax Compliance Act; treat certain foreign corporations managed
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S.268: CUT Loopholes Act
Sponsored by: Sen. Sheldon Whitehouse
Sponsor Introductory Remarks On Measure. (cr S592-594) on 02/11/2013
National Disaster Tax Relief Act of 2014 [S.2634]
[Taxes ]
[Disaster Relief ]
[Budget and Spending ]
[Housing ]
[Property Tax ]
[Funding ]
National Disaster Tax Relief Act of 2014 - Amends the Internal Revenue Code to provide tax relief for disasters declared in 2012, 2013, and 2014 by: extending through 2014 the election to expense qualified disaster expenses (i.e., for removal of debris, demolition, and repair of business-related property); increasing the tax deduction for charitable contributions for disaster relief for individual and corporate taxpayers; allowing through 2014 the deduction of losses attributable to disasters; allowing waivers of requirements relating to mortgage
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S.2634: National Disaster Tax Relief Act of 2014
Sponsored by: Sen. Cory Booker
Read Twice And Referred To The Committee On Finance. on 07/22/2014
Veteran Entrepreneurship and Training Opportunities Act of 2014 [S.2396]
[Veterans ]
[Small Business ]
[Labor, Jobs, Employment ]
[Military ]
[Education ]
[Funding ]
[Grants ]
[Economic Development ]
Veteran Entrepreneurship and Training Opportunities Act of 2014 - Amends the Small Business Act to the repeal the requirement that the Associate Administrator for Veterans Business Development of the Small Business Administration (SBA) increase veteran outreach by ensuring that Veteran Business Outreach Centers regularly participate, on a nationwide basis, in the workshops of the Transition Assistance Program (TAP) of the Department of Labor (DOL). Establishes the Boots to Business Program under which the SBA Administrator shall provide entrepreneurship
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S.2396: Veteran Entrepreneurship and Training Opportunities Act of 2014
Sponsored by: Sen. Lisa Murkowski
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 05/22/2014
Federal Reserve Modernization Act of 2013 [S.238]
[Finance ]
[Budget and Spending ]
[Consumer Protection ]
Federal Reserve Modernization Act of 2013 - Amends the Federal Reserve Act (FRA) to direct the Board of Governors of the Federal Reserve System (Board) and the Federal Open Market Committee (FOMC) to: (1) promote the goal of long-term price stability, and (2) establish metrics to evaluate whether long-term price stability is being achieved. Prescribes procedures for the establishment and evaluation of such metrics. Directs the Board and the FOMC to: (1) make such information available to the public on a website, and (2) report to Congress each time
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S.238: Federal Reserve Modernization Act of 2013
Sponsored by: Sen. Mike Lee
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 02/07/2013
National Disaster Tax Relief Act of 2014 [S.2233]
[Taxes ]
[Disaster Relief ]
[Housing ]
[Budget and Spending ]
[Funding ]
National Disaster Tax Relief Act of 2014 - Amends the Internal Revenue Code to provide tax relief for disasters declared in 2012 and 2013 by: extending through 2013 the election to expense qualified disaster expenses (i.e., for removal of debris, demolition, and repair of business-related property); increasing the tax deduction for charitable contributions for disaster relief for individual and corporate taxpayers; allowing through 2013 the deduction of losses attributable to disasters; allowing waivers of requirements relating to mortgage
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S.2233: National Disaster Tax Relief Act of 2014
Sponsored by: Sen. Cory Booker
Read Twice And Referred To The Committee On Finance. on 04/09/2014
Economic Freedom Zones Act of 2013 [S.1852]
[Economic Development ]
[Taxes ]
[Labor, Jobs, Employment ]
[Environmental ]
[Education ]
[Immigration ]
[Poverty ]
[Budget and Spending ]
[Small Business ]
[Real Estate ]
[Construction ]
[Funding ]
[Grants ]
[Human Services ]
[Pensions ]
[Community Development ]
Economic Freedom Zones Act of 2013 - Prohibits federal assistance (e.g., loans, loan guarantees, or purchases) from being provided to: (1) a state, municipality, zip code, or rural area (eligible entity) other than an entity that is designated an Economic Free Zone by this Act; (2) a municipality that is a debtor in a bankruptcy proceeding; or (3) a state or municipality that is insolvent. Sets forth requirements for the designation of an eligible entity as an Economic Freedom Zone, including bankruptcy eligibility, insolvency, or pervasive poverty,
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S.1852: Economic Freedom Zones Act of 2013
Sponsored by: Sen. Rand Paul
Read Twice And Referred To The Committee On Finance. on 12/18/2013
Student Loan Borrower Bill of Rights [S.1803]
[Student Loans ]
[Consumer Protection ]
[Veterans ]
[Data Privacy ]
[Education ]
[Funding ]
[Grants ]
Student Loan Borrower Bill of Rights - Amends the Truth in Lending Act to require private educational lenders to disclose to borrowers at least 30 days before the first fully amortized payment on their loan is due: certain information concerning the terms of the loan, the date on which the first payment is due, the name of the lender and servicer and certain contact information, and a description of alternative repayment plans. Requires private educational lenders to disclose to borrowers who become 30 days delinquent on their loan: the date
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S.1803: Student Loan Borrower Bill of Rights
Sponsored by: Sen. Jack Reed
Committee On Banking, Housing, And Urban Affairs Subcommittee On Financial Institutions And Consumer Protection. Hearings Held. on 06/04/2014
Syria Sanctions Enhancement Act of 2013 [S.1714]
[International ]
[National Security ]
[Human Rights ]
[Trade ]
[Defense ]
[Military ]
Syria Sanctions Enhancement Act of 2013 - Directs the President to submit to Congress every 60 days a list of persons who: (1) are senior officials of the government of Syria, including President Bashar al-Assad; (2) have provided support to or received support from a senior official; (3) have acted for or on behalf of a senior official; or (4) are owned or controlled by a senior official. Directs the President to block and prohibit any transaction in property and property interests of any listed person if such property and interests are in the
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S.1714: Syria Sanctions Enhancement Act of 2013
Sponsored by: Sen. Robert Casey
Sponsor Introductory Remarks On Measure. (cr S8053-8054) on 11/14/2013
SCRA Enhancement and Improvement Act of 2013 [S.1579]
[Military ]
[Consumer Protection ]
[Housing ]
[Real Estate ]
[Veterans ]
[Law Enforcement ]
[Finance ]
SCRA Enhancement and Improvement Act of 2013 - Amends the Servicemembers Civil Relief Act (SCRA) to: extend the period during which a contract for the purchase of real or personal property or the lease or bailment of such property entered into by a member of the uniformed services (servicemember) may not be rescinded or terminated for a breach to one year after such member's period of military service; change the period during which an action to enforce a mortgage, trust deed, or other security against a servicemember is covered by a stay of
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S.1579: SCRA Enhancement and Improvement Act of 2013
Sponsored by: Sen. Bernard Sanders
Committee On Veterans' Affairs. Hearings Held. Hearings Printed: S.hrg. 113-280. on 10/30/2013
Stop Tax Haven Abuse Act [S.1533]
[Finance ]
[Taxes ]
[Trade ]
[International ]
[Cybersecurity ]
[Law Enforcement ]
[National Security ]
[Small Business ]
[Economic Development ]
[Crime ]
Stop Tax Haven Abuse Act - Authorizes the Secretary of the Treasury to impose restrictions on foreign jurisdictions or financial institutions operating in the United States that are of primary money laundering concern or that significantly impede U.S. tax enforcement. Amends the Internal Revenue Code to: expand reporting requirements for U.S. persons who hold an interest in a passive foreign investment company; establish a rebuttable presumption against the validity of transactions by institutions that do not comply with reporting requirements
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S.1533: Stop Tax Haven Abuse Act
Sponsored by: Sen. Edward Markey
Sponsor Introductory Remarks On Measure. (cr S6649-6661) on 09/19/2013
Empowering Encore Entrepreneurs Act of 2013 [S.1454]
[Small Business ]
[Labor, Jobs, Employment ]
[Veterans ]
[Funding ]
[Grants ]
[Senior Citizens ]
[Economic Development ]
Empowering Encore Entrepreneurs Act of 2013 - Directs the Administrator of the Small Business Administration (SBA) to establish a program under which the Administrator may enter into contracts or cooperative agreements with, or make grants to, nonprofit organizations to provide technical assistance, mentoring, and other specialized training activities for encore entrepreneurs. Defines "encore entrepreneur" to mean an entrepreneur, business person, or owner of a small business concern who: (1) is seeking to start a new small business concern or
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S.1454: Empowering Encore Entrepreneurs Act of 2013
Sponsored by: Sen. Bill Nelson
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 08/01/2013
CLEAR Relief Act of 2013 [S.1349]
[Finance ]
[Small Business ]
[Consumer Protection ]
[Investments ]
Community Lending Enhancement and Regulatory Relief Act of 2013 or CLEAR Relief Act of 2013 - Amends the Sarbanes-Oxley Act of 2002 to exempt from its rules regarding management assessment of internal controls the following institutions which, as of the end of the preceding fiscal year, had total consolidated assets of $1 billion or less (adjusted annually according to a certain formula): (1) a bank holding company, (2) a savings and loan holding company, or (3) an insured depository institution. Declares the "Small Bank Holding Company Statement"
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S.1349: CLEAR Relief Act of 2013
Sponsored by: Sen. Chuck Grassley
Committee On Banking, Housing, And Urban Affairs. Hearings Held. on 09/16/2014
Local Energy Supply and Resiliency Act of 2013 [S.1205]
[Energy ]
[Infrastructure ]
[Technology and Innovation ]
[Community Development ]
[Grants ]
[Funding ]
[Economic Development ]
Local Energy Supply and Resiliency Act of 2013 - Requires the Secretary of Energy (DOE) to establish a program to disseminate information and provide technical assistance, directly or through grants, to assist eligible entities in identifying, evaluating, planning, and designing local energy infrastructure. Defines "local energy infrastructure" as a system that: recovers or produces useful thermal or electric energy from waste energy or renewable energy resources, generates electricity using a combined heat and power system, distributes electricity
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S.1205: Local Energy Supply and Resiliency Act of 2013
Sponsored by: Sen. Al Franken
Committee On Energy And Natural Resources Subcommittee On Energy. Hearings Held. With Printed Hearing: S.hrg. 113-70. on 06/25/2013
Know Before You Owe Private Student Loan Act of 2013 [S.113]
[Student Loans ]
[Consumer Protection ]
[Education ]
Know Before You Owe Private Student Loan Act of 2013 - Amends the Truth in Lending Act to require a lender, before issuing a private education loan for a student attending an institution of higher education (IHE), to obtain the IHE's certification of: (1) the student's enrollment status, (2) the student's cost of attendance, and (3) the difference between that cost and the student's estimated financial assistance. Eliminates the requirement that such lenders obtain a self-certification form from the private education loan applicant. Allows a lender
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S.113: Know Before You Owe Private Student Loan Act of 2013
Sponsored by: Sen. Jack Reed
Sponsor Introductory Remarks On Measure. (cr S220-221) on 01/23/2013
Every Child Ready for College or Career Act of 2013 [S.1101]
[Education ]
[Children and Youth ]
[Funding ]
[Grants ]
[Public Health ]
Every Child Ready for College or Career Act of 2013 - Revises and reauthorizes programs under the Elementary and Secondary Education Act of 1965 (ESEA). Title I: Improving Basic Programs Operated by State and Local Educational Agencies - Amends the school improvement program under part A of title I of the ESEA to eliminate the requirement that local educational agencies (LEAs) and schools make adequate yearly progress toward state academic content and achievement standards. Requires states to adopt challenging academic content and achievement
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S.1101: Every Child Ready for College or Career Act of 2013
Sponsored by: Sen. Lamar Alexander
Sponsor Introductory Remarks On Measure. (cr S2988-2989) on 06/06/2013
Home Building Lending Improvement Act of 2013 [S.1002]
[Finance ]
[Real Estate ]
[Housing ]
[Construction ]
[Law Enforcement ]
[Small Business ]
Home Building Lending Improvement Act of 2013 - Directs each of the appropriate federal banking agencies to initiate guidance or rulemaking with respect to financial institutions under their respective jurisdictions that make real estate loans to home builders. Requires such rulemaking to provide for: (1) adjustment from 100% to 125% of bank capital the measurement that triggers additional scrutiny on real estate loans in the lending portfolio of any qualified financial institution, (2) a prohibition against compelling lenders to call loans in good
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S.1002: Home Building Lending Improvement Act of 2013
Sponsored by: Sen. Robert Menendez
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/21/2013
Credit Union Small Business Jobs Creation Act [HB-688]
[Finance ]
[Labor, Jobs, Employment ]
[Small Business ]
[Economic Development ]
Credit Union Small Business Jobs Creation Act - Amends the Federal Credit Union Act to prohibit an insured credit union from making any member business loan that would result in the total amount of such loans outstanding at that credit union at any one time exceeding either: (1) 1.75 times the actual net worth of the credit union, or (2) 12.25% of the total assets of the credit union. Authorizes the National Credit Union Administration Board to approve an application by an insured credit union to make one or more member business loans that would
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HB-688: Credit Union Small Business Jobs Creation Act
Sponsored by: Rep. Ted Poe
Referred To The House Committee On Financial Services. on 02/14/2013
Seller Finance Regulation Reduction Act [HB-5667]
[Finance ]
[Real Estate ]
[Housing ]
[Consumer Protection ]
Seller Finance Regulation Reduction Act - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to exempt from certain licensing and registration requirements any person (other than a depository institution) who: (1) has less than $25 million in assets; and (2) only originates residential mortgage loans with respect to property owed by the person, and in an amount of $150,000 or less. Amends the Truth in Lending Act, with respect to minimum standards for residential mortgage loans, to prohibit, in determining whether a residential mortgage loan is
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HB-5667: Seller Finance Regulation Reduction Act
Sponsored by: Rep. Roger Williams
Referred To The House Committee On Financial Services. on 09/18/2014