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H.R. 1502: Microloan Improvement Act of 2021

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To amend the Small Business Act to optimize the operations of the microloan program, lower costs for small business concerns and intermediary participants in the program, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Andy Kim

Sponsor. Representative for New Jersey's 3rd congressional district. Democrat.

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Last Updated: Apr 19, 2021
Length: 6 pages
Introduced
Mar 2, 2021
117th Congress (2021–2023)
Status

Passed House (Senate next) on Apr 15, 2021

This bill passed in the House on April 15, 2021 and goes to the Senate next for consideration.

Cosponsors

8 Cosponsors (6 Republicans, 2 Democrats)

Prognosis
23% chance of being enacted according to Skopos Labs (details)
Source

History

Mar 2, 2021
 
Introduced

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

Mar 5, 2021
 
Text Published

Updated bill text was published as of Preprint (Suspension).

Apr 15, 2021
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

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

 
Signed by the President

H.R. 1502 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.

Bills numbers restart every two years. That means there are other bills with the number H.R. 1502. This is the one from the 117th Congress.

How to cite this information.

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“H.R. 1502 — 117th Congress: Microloan Improvement Act of 2021.” www.GovTrack.us. 2021. August 2, 2021 <https://www.govtrack.us/congress/bills/117/hr1502>

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.