legislation: 114-hr-6053

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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
114-hr-6053 114 hr 6053 Bring the Jobs Home Loan Act of 2016 Commerce 2016-09-15 2016-09-15 Referred to the House Committee on Small Business. House Rep. Israel, Steve [D-NY-3] NY D I000057 0 Bring the Jobs Home Loan Act of 2016 This bill amends the Small Business Act to direct the Small Business Administration (SBA) to establish a loan program to assist small business concerns involved in manufacturing to begin the U.S. production of products that would otherwise be imported. Small business concerns receiving these loans must report to the SBA on: (1) facility and equipment changes made using the loans, and (2) progress made in the production of products in the U.S. The bill allows the SBA to consider the report information in determining whether to provide an additional loan or loan assistance under another SBA program. It prohibits an individual loan greater than 5% of the total amount available for such loans. 2023-01-11T13:33:47Z  

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