Small Business ACE Act
Sponsored By: Representative Curtis, John R. [R-UT]
Unknown
Summary
Small Business Access to Capital and Efficiency Act or the Small Business ACE Act This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Curtis, John R. [R-UT]
UT • R
Cosponsors
Rep. Evans, Dwight [D-PA-3]
PA • D
Sponsored 7/12/2018
Roll Call Votes
No roll call votes available for this bill.
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