S 3382 · 117th Congress · Commerce

Protecting Access to Credit for Small Businesses Act

Introduced 2021-12-14· Sponsored by Sen. Scott, Tim [R-SC]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship.(2021-12-14)

Plain Language Summary

[AI summary unavailable — showing source text] Protecting Access to Credit for Small Businesses Act This bill prohibits the Small Business Administration from directly making a loan under the 7(a) Program, which authorizes loans and loan guaranties to small businesses that meet certain requirements.…

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

Cosponsors (20)

20 Republicans
Sen. Kennedy, John [R-LA]LA
Sen. Toomey, Patrick [R-PA]PA
Sen. Paul, Rand [R-KY]KY
Sen. Thune, John [R-SD]SD
Sen. Risch, James E. [R-ID]ID
Sen. Crapo, Mike [R-ID]ID
Sen. Inhofe, James M. [R-OK]OK
Sen. Barrasso, John [R-WY]WY
Sen. Marshall, Roger [R-KS]KS
Sen. Daines, Steve [R-MT]MT
Sen. Tillis, Thomas [R-NC]NC
Sen. Cramer, Kevin [R-ND]ND
Sen. Lankford, James [R-OK]OK
Sen. Cornyn, John [R-TX]TX
Sen. Moran, Jerry [R-KS]KS
Sen. Cassidy, Bill [R-LA]LA
Sen. Boozman, John [R-AR]AR
Sen. Rounds, Mike [R-SD]SD
Sen. Scott, Rick [R-FL]FL
Sen. Ernst, Joni [R-IA]IA