HR 2136 · 113th Congress · Finance and Financial Sector

Small Business Credit Availability Act

Introduced 2013-05-23· Sponsored by Rep. Hartzler, Vicky [R-MO-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on General Farm Commodities and Risk Management.(2013-06-03)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Credit Availability Act - Amends the Commodity Exchange Act (CEA) to exclude from the meaning of financial entity any small bank, savings association, farm credit system institution, non-profit cooperative lender controlled by electric cooperatives, or credit union if the aggregate uncollateralized outward exposure plus aggregate potential outward exposure of the entity with respect to its swaps does not exceed $1 billion. (Thus exempts such entities from the clearing requirement.)…

Summarized by Claude AI · Non-partisan · For informational purposes only