| Bill | S 1736 |
|---|---|
| Type of Legislation | Senate Bill |
| Congress | 117 |
| Status | Archived — 117th Congress concluded |
| Source | View original on Congress.gov |
Geographic Scope
National
Description
Capital for Cooperatives Act
This bill eliminates the requirement that cooperatives provide a personal guarantee with respect to certain Small Business Administration (SBA) loans. It also requires the SBA, in collaboration with the Interagency Working Group on Cooperative Development, to develop recommendations and cooperate with federal agencies and other entities to promote, support, and increase the number of cooperatives.
Bill Title
Capital for Cooperatives Act
Linked Goals
Steps
- 2021-05-20: Read twice and referred to the Committee on Small Business and Entrepreneurship.
- 2021-05-20: Introduced in Senate
Projected Outcome
A more informed proposal or public response aligned with the Promote General Welfare goal.