HR 7874 · 117th Congress · Commerce

SSBCI Improvement Act

Introduced 2022-05-24· Sponsored by Rep. Phillips, Dean [D-MN-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2022-05-24)

Plain Language Summary

[AI summary unavailable — showing source text] SSBCI Improvement Act This bill modifies how funds are transferred to (and recouped from) states under the State Small Business Credit Initiative. For example, if a state's allocated amount is less than or equal to $1,000,000 the Department of the Treasury must provide the full amount in a single transfer.…

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

Cosponsors (1)

1 Democrat
Rep. Green, Al [D-TX-9]TX