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Proposal:American Small Business Competition Act of 2022

This proposal is archived and closed to further debate. It was introduced in the 117th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

American Small Business Competition Act of 2022

This bill increases the maximum loan amounts available for small businesses principally engaged in agriculture, manufacturing, or the production of certain technologies. It also requires the Small Business Administration to report about the effect of inflation and supply chain disruption on the cost to small businesses of accessing capital.

Bill Title

American Small Business Competition Act of 2022

Linked Goals

Steps

  • 2022-02-17: Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • 2022-02-17: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.