Search Results for keywords:"access to credit"

Search Results: keywords:"access to credit"

H. R. 828 — An Act To require the Administrator of the Small Business Administration to report on the veterans interagency task force, to require the Comptroller General of the United States to report on access to credit for small business concerns owned and controlled by covered individuals, and for other purposes.
February 24, 2025
Status:Engrossed in House
Congress:119
Words:895
H. R. 828, also known as the "Successful Entrepreneurship for Reservists and Veterans Act" or the "SERV Act," requires the Administrator of the Small Business Administration (SBA) to submit a detailed report about the veterans interagency task force, including activities and...
Simple Explanation
H. R. 828 wants the Small Business Administration to write a report about how they help veterans start businesses, and another report about how veterans can get loans. They won't need extra money to do this and have to use what they already have.
H. R. 976 — To repeal the small business loan data collection requirements under the Equal Credit Opportunity Act.
February 04, 2025
Status:Introduced in House
Congress:119
Words:617
H.R. 976 proposes to repeal a specific section of the Equal Credit Opportunity Act that requires financial institutions to collect and report data on small business loans. These requirements were initially added by the Dodd-Frank Act and have led to increased compliance...
Simple Explanation
In H.R. 976, someone thought that asking banks to write down a lot of details when they give money to small businesses was too much work for the banks. So, this bill wants to stop making them do that, hoping it will make it easier for small businesses to get money from the banks.

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