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H.R. 277: ASCEND Act of 2019

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To adjust collateral requirements under the Small Business Act for disaster loans, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Nydia Velázquez

Sponsor. Representative for New York's 7th congressional district. Democrat.

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Last Updated: Jul 16, 2019
Length: 2 pages
Introduced
Jan 8, 2019
Status

Passed House (Senate next) on Jul 15, 2019

This bill passed in the House on July 15, 2019 and goes to the Senate next for consideration.

Prognosis
28% chance of being enacted according to Skopos Labs (details)
Source

Position statements

What legislators are saying

My Votes – Week of July 15
    — Rep. Cathy McMorris Rodgers [R-WA5] on Jul 19, 2019

Representative Houlahan Advances A Package of Small Business Bills and Invites a Local Business Owner to Testify before Congress
    — Rep. Chrissy Houlahan [D-PA6] on May 8, 2019

the daily leader: monday, july 15, 2019
    — Rep. Steny Hoyer [D-MD5] on Jul 14, 2019

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform SpendingTracker.org estimates new spending due to H.R. 277 will be negligible.

History

Jan 8, 2019
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jun 13, 2019
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee. The House Committee on Small Business issued the report which may provide insight into the purpose of the legislation.

Jul 15, 2019
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made.

If this bill has further action, the following steps may occur next:
 
Passed Senate

 
Signed by the President

H.R. 277 is 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.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 277 — 116th Congress: ASCEND Act of 2019.” www.GovTrack.us. 2019. November 16, 2019 <https://www.govtrack.us/congress/bills/116/hr277>

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.