S 967 · 114th Congress 2015โ€“2017, ended

CLEAR SBA Act

Latest action · May 26, 2016 By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-267.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 15, 2015
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Communicating Lender Activity Reports from the Small Business Administration Act or the CLEAR SBA Act

(Sec. 2) Amends the Small Business Act to direct the Small Business Administration (SBA) to make publicly available a user-friendly database of information relating to lenders making loans under such Act or the Small Business Investment Act of 1958.

Requires the SBA to: (1) include in the database information on such loans made during FY2009-FY2015, and (2) incorporate information relating to such loans on an ongoing basis.

Prohibits the SBA from requiring lenders to submit additional information or to otherwise increase burdens on lenders in order to comply with this Act.

Expresses the sense of Congress that no additional funds should be made available to carry out this Act.

Cosponsors 4

Members who signed on, in the order they did. Signatures ran from Apr 22, 2015 to Apr 23, 2015.

SeatCosponsorSigned on
R-NEDeb FischerApr 22, 2015
D-WAMaria CantwellApr 22, 2015
D-MIGary C. PetersApr 23, 2015
D-HIMazie K. HironoApr 23, 2015

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateSmall Business and Entrepreneurship Committee
Referred Apr 15, 2015Markup Apr 23, 2015Reported Jun 10, 2015

Actions 6

Everything that happened, newest first.

  1. May 26, 2016By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-267.
  2. Jun 10, 2015Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.
  3. Jun 10, 2015Placed on Senate Legislative Calendar under General Orders. Calendar No. 108.
  4. Apr 23, 2015Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
  5. Apr 15, 2015Introduced in Senate
  6. Apr 15, 2015Read twice and referred to the Committee on Small Business and Entrepreneurship.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Committee report

Congressional Budget Office cost estimate

  1. May 15, 2015S. 967, Communicating Lending Activity Reports from the Small Business Administration ActAs ordered reported by the Senate Committee on Small Business and Entrepreneurship on April 23, 2015

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 6112CLEAR SBA ActIdentical billSep 21, 2016

Titles 5

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to require the Small Business Administration to make information relating to lenders making covered loans publicly available, and for other purposes.
Short Titles as Introduced
CLEAR SBA Act
Communicating Lender Activity Reports from the Small Business Administration Act
Short Titles as Reported to Senate
CLEAR SBA Act
Communicating Lender Activity Reports from the Small Business Administration Act

Subjects

Assigned by the Library of Congress. Policy area: Commerce.

Text 2

Each version as it was printed, newest first.

  1. Jun 10, 2015Reported to Senate
  2. Apr 15, 2015Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.