# 114-hr-5029: Small Business Lending Assistance Act of 2016

114-hr-5029, Small Business Lending Assistance Act of 2016, is a 114th Congress bill sponsored by Rep. Aguilar, Pete [D-CA-33] (D-CA); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5029
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5029
- Congress: 114
- Title: Small Business Lending Assistance Act of 2016
- Status: Referred to the House Committee on Small Business.
- Introduced: 2016-04-21
- Sponsor: Rep. Aguilar, Pete [D-CA-33] (D-CA)
- Cosponsors: 4
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Small Business Lending Assistance Act of 2016 This bill amends the Small Business Act with respect to guarantee fees for small business loans. The Small Business Administration (SBA) shall have discretion not to collect a guarantee fee for a loan repayable in one year or less. The SBA may not, however, collect a guarantee fee in connection with a loan repayable in one year or less if it is made to a borrower that resides in a county with an annual unemployment rate for the preceding calendar year of at least one percentage point greater than the national annual unemployment rate for that year.

## Cosponsors (4)

- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2016-05-03T00:00:00.000Z
- Rep. Ashford, Brad [D-NE-2] (D-NE), 2016-06-14T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2016-09-26T00:00:00.000Z
- Rep. Kilmer, Derek [D-WA-6] (D-WA), 2016-09-26T00:00:00.000Z

## Related bills

- 114-hr-5980: Mark Takai Atomic Veterans Healthcare Parity Act
- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-5090: To ensure that air transportation between the United States and the European Union complies with the intent of article 17 bis of the United States-European Uni…
- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4625: Firefighter Cancer Registry Act of 2016
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act

## Sources
- [114-hr-5029 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5029)

## Related
- [114-hr-5980: Mark Takai Atomic Veterans Healthcare Parity Act](https://policyrisk.com/legislation/114-hr-5980)
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-5090: To ensure that air transportation between the United States and the European Un…](https://policyrisk.com/legislation/114-hr-5090)
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4625: Firefighter Cancer Registry Act of 2016](https://policyrisk.com/legislation/114-hr-4625)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5029 (as of 2025-11-18).