HR 5514 · 113th Congress · Commerce

Bring the Jobs Home Loan Act of 2014

Introduced 2014-09-17· Sponsored by Rep. Israel, Steve [D-NY-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2014-09-17)

Plain Language Summary

[AI summary unavailable — showing source text] Bring the Jobs Home Loan Act of 2014 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to establish a loan program to assist small businesses involved in manufacturing to begin the U.S. production of products that would otherwise be imported. Requires small businesses receiving these loans to report to the Administrator on: (1) facility and equipment changes made using the loans, and (2) progress made in such production. Allows the Administrator to consider the report information in determining whether to provide an additional loan or loan assistance under another SBA program. Prohibits an individual loan greater than 5% of the total amount available for such loans.…

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