Expanding the Surety Bond Program Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 2206 Introduced in Senate (IS)] <DOC> 118th CONGRESS 1st Session S. 2206 To increase the guarantee amount under the Surety Bond Program of the Small Business Administration, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 22, 2023 Mr. Cardin introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship _______________________________________________________________________ A BILL To increase the guarantee amount under the Surety Bond Program of the Small Business Administration, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Expanding the Surety Bond Program Act''. SEC. 2. EXPANDING SURETY BOND PROGRAM. Part B of title IV of the Small Business Investment Act of 1958 (15 U.S.C. 694a et seq.) is amended-- (1) in section 411 (15 U.S.C. 694b)-- (A) in subsection (a)(1)-- (i) in subparagraph (A), by striking ``…