Small Business Administration
US Congress 116th Congress
Continuing Appropriations Act, 2021 Continuing Appropriations Act, 2021 and Other Extensions Act [HB-8319]
[Budget and Spending ]
[Healthcare ]
[Medicare and Medicaid ]
[Transportation and Motor Vehicles ]
[Veterans ]
[Immigration ]
[Insurance ]
[Public Health ]
[Human Services ]
Provides continuing FY2021 appropriations to federal agencies through December 11, 2020, and extends several programs. It is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2021 appropriations bills have not been enacted when FY2021 begins on October 1, 2020. The CR funds most programs and activities at the FY2020 levels with several exceptions that provide funding flexibility and additional appropriations to various programs. In addition, the bill extends several authorities and programs,
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Sponsored by: Rep. Nita M. Lowey
Rule H. Res. 1129 Passed House. on 09/23/2020
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To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes. [HB-8265]
[Small Business ]
[Finance ]
[Budget and Spending ]
[Labor, Jobs, Employment ]
[Funding ]
[Grants ]
[Economic Development ]
To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.
Sponsored by: Rep. Steve Scalise
Introduced In House on 09/16/2020
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Parity for HUBZone Appeals Act of 2020 [HB-8229]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
Requires the Small Business Administration (SBA) to authorize its Office of Hearings and Appeals (OHA) to decide all appeals from formal protest determinations in connection with the status of a HUBZone small business. A HUBZone small business is a small business in a historically underutilized business zone. Currently, HUBZone status appeals are the responsibility of the Office of Government Contracting and Business Development. The bill would place HUBZone status appeals within the purview of the OHA alongside other SBA programs such as the Service-Disabled
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Sponsored by: Rep. Amata Coleman Radewagen
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 12/07/2020
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504 Credit Risk Management Improvement Act of 2020 [HB-8199]
[Small Business ]
[Environmental ]
[Finance ]
[Funding ]
[Grants ]
Revises the duties of the Office of Credit Risk Management to include oversight of a certified development company (CDC) that participates in the 504 Loan Program of the Small Business Administration (SBA), and it requires the SBA to issue rules related to certain environmental requirements. The 504 Loan Program provides a small business with SBA financing—through a CDC intermediary—for expansion or modernization. Specifically, the bill requires the office to oversee any CDC that participates in the program and to conduct file reviews with respect
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Sponsored by: Rep. Angela Dawn Craig
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 12/07/2020
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504 Modernization and Small Manufacturer Enhancement Act of 2020 [HB-8211]
[Small Business ]
[Energy ]
[Disaster Relief ]
[Construction ]
[Manufacturing ]
[Funding ]
[Grants ]
[Economic Development ]
Modifies the Small Business Administration (SBA) 504 Loan Program, which provides a small business with SBA financing—through a certified development company (CDC) intermediary—for expansion or modernization. Specifically, the bill adds policy goals, at least one of which a CDC must demonstrate to be eligible for assistance. These include (1) enhancing the ability of a small business to reduce costs by using energy efficient products and generating renewable energy, and (2) aiding the revitalization of any area for which a disaster has been declared
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Sponsored by: Rep. Steve Chabot
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 12/07/2020
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To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes. [HB-8087]
[Small Business ]
[Finance ]
[Budget and Spending ]
[Labor, Jobs, Employment ]
[Funding ]
[Grants ]
[Economic Development ]
To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.
Sponsored by: Rep. Steve Chabot
Introduced In House on 08/22/2020
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To amend the Small Business Act to establish the Community Advantage Loan Program. [HB-7903]
[Small Business ]
[Finance ]
[Funding ]
[Grants ]
[Community Development ]
[Economic Development ]
Establishes through FY2025 a Community Advantage Loan Program under which the Small Business Administration (SBA) may guarantee loans made by covered institutions to small business concerns in underserved markets. Specifically, the bill provides statutory authority for the Community Advantage Pilot Program (CA) and includes women and minorities as eligible groups for CA loans in addition to the other categories that are currently eligible. The bill requires at least 75% of loans made by a covered institution under the program be made to small business
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Sponsored by: Rep. Judy Chu
Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 12/07/2020
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Continuing Small Business Recovery and Paycheck Protection Program Act [S.4321]
[Small Business ]
[Funding ]
[Grants ]
[Economic Development ]
[Manufacturing ]
[Disaster Relief ]
[Budget and Spending ]
[Labor, Jobs, Employment ]
[Healthcare ]
[Public Health ]
Establishes funding for, expands, and provides additional economic assistance to small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the Small Business Administration (SBA) is authorized to provide second draw loans of up to $2 million under the Paycheck Protection Program. A recipient shall be eligible for forgiveness of a second draw loan in the same manner as an initial paycheck protection loan. The SBA may also provide loans of up to $10 million to recovery sector small businesses (e.g., certain seasonal
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Sponsored by: Sen. Susan M. Collins
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 07/27/2020
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Unlocking Opportunities in Emerging Markets Act of 2020 [HB-7773]
[Small Business ]
[Economic Development ]
[Trade ]
Establishes the Office of Emerging Markets within the Small Business Administration to oversee the planning, coordination, implementation, evaluation, and improvement of efforts to enhance the economic well-being of small business concerns in emerging markets.
Sponsored by: Rep. Don Young
Introduced In House on 07/24/2020
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EIDL for Small Businesses Act Ensuring Increased Disaster Loans for Small Businesses Act [S.4227]
[Small Business ]
[Disaster Relief ]
[Economic Development ]
[Funding ]
[Grants ]
A bill to improve access to economic injury disaster loans and emergency advances under the CARES Act, and for other purposes.
Sponsored by: Sen. Edward J. Markey
Committee On Small Business And Entrepreneurship. Hearings Held. on 12/10/2020
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Financial Services and General Government Appropriations Act, 2021 [HB-7668]
[Finance ]
[Budget and Spending ]
[Small Business ]
[Consumer Protection ]
[Elections ]
[Ethics ]
[Funding ]
[Taxes ]
[Technology and Innovation ]
[Telecommunications ]
[Data Privacy ]
Provides FY2021 appropriations for several federal departments and agencies, including the Department of the Treasury, the Executive Office of the President, the judiciary, the District of Columbia, and several independent agencies. The independent agencies funded in the bill include the Administrative Conference of the United States, the Consumer Product Safety Commission, the Election Assistance Commission, the Federal Communications Commission, the Federal Deposit Insurance Corporation, the Federal Election Commission, the Federal Labor Relations
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Sponsored by: Rep. Mike Quigley
The House Committee On Appropriations Reported An Original Measure, H. Rept. 116-456, By Mr. Quigley. on 07/17/2020
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Closing the Credit Gap Act [S.2361]
[Finance ]
[Small Business ]
[Economic Development ]
[Funding ]
[Grants ]
[Race and Civil Rights ]
Establishes a Community Advantage Loan Program under which the Small Business Administration (SBA) may guarantee loans made by covered institutions to small business concerns in underserved markets. Specifically, the bill makes the Community Advantage Pilot Program (CA) permanent and includes women and minorities as eligible groups for CA loans in addition to the other categories that are currently eligible. The bill requires at least 60% of loans made by a covered institution under the program be made to small business concerns in underserved markets,
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Sponsored by: Sen. Benjamin L. Cardin
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. (sponsor Introductory Remarks On Measure: Cr S5253) on 07/31/2019
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COVID–19 Youth Sports and Healthy Working Families Relief Act [HB-7562]
[Small Business ]
[Healthcare ]
[Taxes ]
[Children and Youth ]
[Public Health ]
[Economic Development ]
[Funding ]
[Grants ]
[Family-Related Legislation ]
[Labor, Jobs, Employment ]
Establishes measures to provide economic assistance to youth sports providers, programs, and organizations in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill (1) requires the Small Business Administration to establish a loan program for youth sports providers affected by COVID-19, (2) expands the Child and Dependent Care Tax Credit to include expenses for youth physical activities, (3) makes certain sports and fitness expenses eligible to be paid for with Health Savings Accounts and Flexible Spending Accounts (FSAs),
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Sponsored by: Rep. Sean Patrick Maloney
Introduced In House on 07/09/2020
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Small Business Disaster Loan Enhancement Act of 2020 [S.4167]
[Small Business ]
[Disaster Relief ]
[Funding ]
[Grants ]
[Inflation ]
[Law Enforcement ]
[Public Safety ]
[Economic Development ]
[Budget and Spending ]
Authorizes and provides funding for additional disaster loans and grants made to small businesses by the Small Business Administration (SBA) and temporarily limits the interest rate for certain economic injury disaster loans. Specifically, the bill authorizes an additional disaster loan to a prior recipient that received such a loan during the period between February 15, 2020, and December 31, 2020, up to an aggregate amount of $2 million. Further, the bill prohibits the SBA from imposing a maximum loan amount limit that is lower than $2 million
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Sponsored by: Sen. Ron Wyden
Read Twice And Referred To The Committee On Small Business And Entrepreneurship. on 07/02/2020
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HEAL Act Helping Entrepreneurs Access Loans Act [HB-7451]
[Small Business ]
[Disaster Relief ]
[Funding ]
[Grants ]
[Economic Development ]
[Budget and Spending ]
[Law Enforcement ]
[Crime ]
Establishes eligibility and provides funding for Small Business Administration (SBA) disaster loans and advance grants for eligible small businesses. Eligible small businesses are those that (1) are located in an area in which the SBA declared a disaster due to civil unrest occurring between May 26, 2020, and July 1, 2020; (2) incurred damage due to such civil unrest; and (3) have average annual gross receipts of $2 million or less. Such small businesses shall be eligible to receive forgivable loans and advance grants under the SBA's disaster loan
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Sponsored by: Rep. Bennie G. Thompson
Introduced In House on 07/01/2020
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To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes. [HB-7434]
[Small Business ]
[Disaster Relief ]
[Economic Development ]
[Funding ]
[Grants ]
Requires the Small Business Administration to establish the interest rate at 1% for any economic injury disaster loan made during the period beginning on January 31, 2020, and ending on December 31, 2020.
Sponsored by: Rep. Gregory W. Meeks
Introduced In House on 06/30/2020
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Paycheck Protection Program Second Chance Act [S.3865]
[Small Business ]
[Crime ]
[Criminal Justice ]
[Funding ]
[Grants ]
[Public Safety ]
[Economic Development ]
Requires specified treatment of certain criminal violations under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill provides that an entity shall not be ineligible for a paycheck protection loan if certain owners have prior arrests or convictions, unless the owner (1) is incarcerated as of the date of the loan application, or (2) has been convicted of a felony of financial fraud or deception during the five-year period prior to the loan application.
Sponsored by: Sen. Cory A. Booker
Committee On Small Business And Entrepreneurship. Hearings Held. on 06/10/2020
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Fair Chance for Small Business Relief Act [HB-6894]
[Small Business ]
[Crime ]
[Criminal Justice ]
[Law Enforcement ]
Prohibits the Small Business Administration from declining to provide or guarantee certain small business loans solely on the basis that an applicant (1) is on probation or parole, (2) is presently subject to a means by which formal criminal charges are brought (e.g., indictment or arraignment), or (3) has been arrested or convicted of any crime.
Sponsored by: Rep. Henry C. Johnson
Introduced In House on 05/15/2020
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Making Opportunities a Reality for Entrepreneurs Paycheck Protection Program More PPP Act [HB-6893]
[Small Business ]
[Funding ]
[Grants ]
[Labor, Jobs, Employment ]
[Economic Development ]
[Public Health ]
[Healthcare ]
[Finance ]
[Budget and Spending ]
Provides additional funding for and modifies the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill increases funding for paycheck protection loans by $560 billion, and it provides additional funding of $571 billion for paycheck protection loans through FY2021. Further, the bill sets aside $200 billion for paycheck protection loans to businesses and nonprofit organizations with 25 or fewer employees, sole proprietors, independent contractors, and self-employed
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Sponsored by: Rep. Al Green
Introduced In House on 05/15/2020
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To modify requirements relating to the participation of community development financial institutions in the paycheck protection program of the Small Business Administration, and for other purposes. [HB-6888]
[Small Business ]
[Funding ]
[Grants ]
[Economic Development ]
[Labor, Jobs, Employment ]
[Community Development ]
[Finance ]
[Budget and Spending ]
[Healthcare ]
[Public Health ]
Authorizes community development financial institutions to make loans under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). The bill also allows the Small Business Administration and the Department of the Treasury to revoke a lender's authority to make paycheck protection loans upon a joint determination that (1) the lender has had recent material operational shortcomings that warrant such a revocation, and (2) the revocation is consistent with the purpose of the program.
Sponsored by: Rep. Alma S. Adams
Introduced In House on 05/15/2020