legislation: 112-s-3672

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
112-s-3672 112 s 3672 A bill to clarify the collateral requirement for certain loans under section 7(d) of the Small Business Act, and for other purposes. Commerce 2012-12-12 2012-12-13 Committee on Small Business and Entrepreneurship. Hearings held. Senate Sen. Landrieu, Mary L. [D-LA] LA D L000550 0 Amends the Small Business Act to prohibit the Administrator of the Small Business Administration (SBA), in obtaining the best available collateral for a disaster loan of not more than $200,000 relating to damage to or destruction of property or economic injury to a small business, from requiring the small business owner to use his or her primary residence as collateral if the Administrator determines that the owner has other assets with a value equal to or greater than the loan amount that could be used as collateral. 2022-02-03T05:53:08Z  

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