SENATE 1736117th CongressRead twice and referred to the Committee on Small Business and Entrepreneurship.
Capital for Cooperatives Act
- Last Action
- 5/20/2021
Actions
- 2021-05-20Read twice and referred to the Committee on Small Business and Entrepreneurship.
- 2021-05-20Introduced in Senate
CRS Summary
As of 2021-05-20 (00)
Capital for Cooperatives Act
This bill eliminates the requirement that cooperatives provide a personal guarantee with respect to certain Small Business Administration (SBA) loans. It also requires the SBA, in collaboration with the Interagency Working Group on Cooperative Development, to develop recommendations and cooperate with federal agencies and other entities to promote, support, and increase the number of cooperatives.
Cosponsors (1)
- Jon Tester (D-MT)
Sourced from Congress.gov (public domain).
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