Small Business ACE Act Small Business Access to Capital and Efficiency Act

HB 6348 Small Business ACE Act Small Business Access to Capital and Efficiency Act

US Congress 115th Congress

Small Business ACE Act Small Business Access to Capital and Efficiency Act
HB-6348

About HB-6348
HB-6348 sections
Section 2

Small Business ACE Act Small Business Access to Capital and Efficiency Act

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Section 2

This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)

  

Bill Texts

Enrolled 12/20/2018
Engrossed 09/27/2018
Introduced 09/13/2018
Introduced 07/14/2018

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Sponsors (2)

Rep. Dwight Evans


Co-Sponsor

Sen. John Curtis


Primary Sponsor

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History

Presented To President.

12/21/2018

Message On Senate Action Sent To The House.

12/20/2018

Senate Committee On Small Business And Entrepreneurship Discharged By Unanimous Consent. (consideration: S7896-7897)

12/19/2018

Senate Committee On Small Business And Entrepreneurship Discharged By Unanimous Consent. (consideration: S7876-7897)

12/19/2018

Passed Senate Without Amendment By Voice Vote.

12/19/2018

Senate Committee On Small Business And Entrepreneurship Discharged By Unanimous Consent.

12/19/2018

Received In The Senate And Read Twice And Referred To The Committee On Small Business And Entrepreneurship.

09/26/2018

On Motion To Suspend The Rules And Pass The Bill Agreed To By Voice Vote.

09/25/2018

On Motion To Suspend The Rules And Pass The Bill Agreed To By Voice Vote. (text: Cr H8802)

09/25/2018

Considered Under Suspension Of The Rules. (consideration: Cr H8802-8803)

09/25/2018

Motion To Reconsider Laid On The Table Agreed To Without Objection.

09/25/2018

Debate - The House Proceeded With Forty Minutes Of Debate On H.r. 6348.

09/25/2018

Considered Under Suspension Of The Rules.

09/25/2018

Mr. Chabot Moved To Suspend The Rules And Pass The Bill.

09/25/2018

Placed On The Union Calendar, Calendar No. 732.

09/12/2018

Reported By The Committee On Small Business. H. Rept. 115-941.

09/12/2018

Ordered To Be Reported.

07/18/2018

Committee Consideration And Mark-up Session Held.

07/18/2018

Introduced In House

07/12/2018

Sponsor Introductory Remarks On Measure. (cr H6118-6119)

07/12/2018

Referred To The House Committee On Small Business.

07/12/2018

Subject(s)

Finance And Financial Sector