HR 2835 · 115th Congress 2017โ€“2019, ended

To amend the Small Business Act to waive the guarantee fee for loans of not more than $150,000 provided to veterans and spouses of veterans under the Export Working Capital, International Trade, and Export Express programs.

Latest action · Jun 8, 2017 Referred to the House Committee on Small Business.

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. IntroducedJun 8, 2017
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

This bill amends the Small Business Act to prohibit the Small Business Administration (SBA) from assessing a guarantee fee in connection with a loan of not more than $150,000 made to a veteran or spouse of a veteran beginning the first fiscal year after enactment of this bill under the SBA's Export Working Capital, International Trade, or Export Express programs.

If the President's budget for the upcoming fiscal year includes a cost for such a program that is above zero, this prohibition shall not apply to loans made during such upcoming fiscal year.

Cosponsors 1

Members who signed on, in the order they did. All signed on Jun 8, 2017.

SeatCosponsorSigned on
D-FLStephanie N. MurphyOriginalJun 8, 2017

Committees 1

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

ChamberCommitteeWhat it did
HouseSmall Business Committee
Referred Jun 8, 2017

Actions 2

Everything that happened, newest first.

  1. Jun 8, 2017Introduced in House
  2. Jun 8, 2017Referred to the House Committee on Small Business.

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.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: U.S. Constitution Article I, Section 8, Clause 1, under the ``Power To lay and collect Taxes, Duties, Imposts and Excises''.

The sponsor’s statement, as printed in the Congressional Record, vol. 163, no. 98, June 8, 2017, page H4819.

CRS reports 1

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 1

Products on other subjects that cite it, usually among other measures.

ProductTitleKindPublished
R42695SBA Veterans Assistance Programs: An Analysis of Contemporary Issues ArchivedReportMay 12, 2022

Related bills 1

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

BillTitleRelationshipLatest action
S 1056Veteran Small Business Export Promotion ActRelated billMay 4, 2017

Titles 1

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

Official Title as Introduced
To amend the Small Business Act to waive the guarantee fee for loans of not more than $150,000 provided to veterans and spouses of veterans under the Export Working Capital, International Trade, and Export Express programs.

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Jun 8, 2017Introduced in House

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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.