Search Results for keywords:"committee on small business"

Search Results: keywords:"committee on small business"

H. R. 8950 — To amend the Small Business Act to require penalties for small business concerns falsely claiming goods or services are Made in America, and for other purposes.
July 08, 2024
Status:Introduced in House
Congress:118
Words:305
H. R. 8950, known as the "Made in America Integrity Act of 2024," aims to amend the Small Business Act to penalize small businesses that falsely claim their products or services are made in the United States. If a small business wins a federal contract based on this false...
Simple Explanation
H. R. 8950, called the "Made in America Integrity Act of 2024," wants to make sure small businesses are honest when they say their stuff is made in the USA, and if they lie, they'll get in big trouble and won't win more government deals for a longer time.
H. R. 9176 — To amend the Small Business Act to increase the maximum loan amount for a loan made under section 7(a) of such Act.
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July 25, 2024
Status:Introduced in House
Congress:118
Words:227
H. R. 9176, known as the "Loans In Our Neighborhoods Act of 2024" or the "LIONs Act of 2024," seeks to amend the Small Business Act. The proposed amendment aims to increase the maximum loan amount for loans made under section 7(a) of this Act. Specifically, it would raise the limit from...
Simple Explanation
The LIONs Act of 2024 is a plan to let small businesses borrow more money from a special loan program, increasing the amount they can borrow from $3.75 million to $7.5 million, but people are worried it might help bigger businesses more than smaller ones.

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