Search Results for keywords:"credit access"

Search Results: keywords:"credit access"

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 25, 2025
Status:Referred in Senate
Congress:119
Words:859
H.R. 828, also known as the "Successful Entrepreneurship for Reservists and Veterans Act" or "SERV Act," requires the Small Business Administration to report on a task force focused on veterans and mandates the Comptroller General to investigate how well small businesses...
Simple Explanation
This bill, called the SERV Act, wants the Small Business Administration and the Comptroller General to check how easy it is for veterans to get loans for their small businesses, and to make sure they're not having too many problems because they used to be in the military.
H. R. 1991 — To amend the Consolidated Farm and Rural Development Act to modify limitations on amounts of farm ownership loans and operating loans, and for other purposes.
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March 10, 2025
Status:Introduced in House
Congress:119
Words:1,378
H.R. 1991, known as the “Producer and Agricultural Credit Enhancement Act of 2025,” seeks to change loan limitations under the Consolidated Farm and Rural Development Act. It increases the cap on farm ownership and operating loans, and alters how inflation is measured for...
Simple Explanation
H.R. 1991 is a plan to let farmers borrow more money to buy and run farms. It changes how we decide on the amount they can borrow and helps make sure they can pay back the loans without causing problems.
S. 557 — To repeal the small business loan data collection requirements under the Equal Credit Opportunity Act.
February 12, 2025
Status:Introduced in Senate
Congress:119
Words:556
S. 557, titled the “1071 Repeal to Protect Small Business Lending Act,” aims to remove certain data collection requirements imposed on financial institutions by the Equal Credit Opportunity Act. These requirements, established by the Dodd-Frank Act, involve collecting data on small business...
Simple Explanation
S. 557 is a proposal to stop asking banks for a lot of extra information before they give loans to small businesses. The idea is that this will make it easier and cheaper for banks to give loans to small businesses, but some people worry it might make it harder to know if banks are being fair when they decide who gets a loan.
H. R. 828 — 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.
January 28, 2025
Status:Introduced in House
Congress:119
Words:916
H. R. 828 proposes that the Administrator of the Small Business Administration (SBA) should provide reports on the veterans interagency task force, detailing its activities and outreach plans related to veteran entrepreneurship programs. Additionally, the bill requires the...
Simple Explanation
H. R. 828 wants to make sure someone checks how easy it is for veterans and their families to get loans to start small businesses, and to see how different programs are helping them. This means people will write reports about what they find out, but the bill doesn't give extra money to do this.

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