About the bill
The Veterans Entrepreneurship Act would waive the upfront guarantee fee required for a Small Business Administration express loan for veterans or their spouses. Normally this fee is required from the borrower and scales increasingly with the size of the loan. The bill would remove any obligation for a veteran or their spouse to pay this fee. The bill was referred to the House Committee on Small Business, which released this press release upon the introduction of the bill in late May. The committee chairman, Rep. Steve Chabot (R-OH1), is the sponsor of the bill. It was passed in the House by an almost unanimous vote of 410-1. The bill has moved on to the Senate.
Sponsor and status
Sponsor. Representative for Ohio's 1st congressional district. Republican.
Last Updated: Oct 11, 2016
Length: 3 pages
114th Congress (2015–2017)
Enacted — Signed by the President on Jul 28, 2015
This bill was enacted after being signed by the President on July 28, 2015.
What legislators are saying
“Chairman Chabot Lays out Vision for Small Business Committee in 2016”
— Rep. Steve Chabot [R-OH1] (Sponsor) on Jan 8, 2016
“Video: Congressman Urges Support for Veteran Entrepreneurs”
— Rep. Tom Rice [R-SC7] (Co-sponsor) on Jun 10, 2015
This bill incorporates provisions from:
H.R. 2499 (114th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 2499. This is the one from the 114th Congress.
This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2020). H.R. 2499 — 114th Congress: Veterans Entrepreneurship Act of 2015. Retrieved from https://www.govtrack.us/congress/bills/114/hr2499
“H.R. 2499 — 114th Congress: Veterans Entrepreneurship Act of 2015.” www.GovTrack.us. 2015. July 11, 2020 <https://www.govtrack.us/congress/bills/114/hr2499>
Veterans Entrepreneurship Act of 2015, Pub. L. No. 114-38, H.R. 2499, 114th Cong..
|title=H.R. 2499 (114th)
|accessdate=July 11, 2020
|author=114th Congress (2015)
|date=May 21, 2015
|quote=Veterans Entrepreneurship Act of 2015
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.