H.R. 10247 aims to amend the Small Business Act to improve the Office of Credit Risk Management's oversight and enforcement capabilities regarding certified development companies involved in the 504 loan program. It imposes duties like conducting random file reviews,...
Simple Explanation
H.R. 10247 is about making sure small business helpers follow rules by checking what they do and making them pay a bit of money if they don't. It also wants to make sure these helpers think about the environment when they work.