115-hr-6348115th Congress

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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