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117-hr-7971117th Congress

SEED Act

Sponsored By: Representative Sánchez, Linda T. [D-CA-38]

Unknown

Summary

Supporting Entrepreneurs and Economic Development Act or the SEED Act This bill requires lenders to refer applicants for certain small business loans to a resource partner if the applicant is determined ineligible for a loan under the program. Resource partners, such as small business development centers, provide informational tools and training to support business start-ups and existing business expansion. Lenders and the Small Business Administration must report on the number of resource partner referrals and the Government Accountability Office must periodically report on the rate of such referrals.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Sánchez, Linda T. [D-CA-38]

CA • D

Cosponsors

  • Rep. Lowenthal, Alan S. [D-CA-47]

    CA • D

    Sponsored 6/7/2022

  • Rep. Porter, Katie [D-CA-47]

    CA • D

    Sponsored 6/7/2022

  • Rep. Napolitano, Grace F. [D-CA-31]

    CA • D

    Sponsored 6/7/2022

  • Rep. Bass, Karen [D-CA-37]

    CA • D

    Sponsored 6/7/2022

  • Rep. Chu, Judy [D-CA-28]

    CA • D

    Sponsored 6/7/2022

  • Rep. Roybal-Allard, Lucille [D-CA-40]

    CA • D

    Sponsored 6/7/2022

  • Rep. Lieu, Ted [D-CA-36]

    CA • D

    Sponsored 6/7/2022

  • Rep. Vargas, Juan [D-CA-52]

    CA • D

    Sponsored 6/7/2022

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 6/7/2022

  • Rep. Cherfilus-McCormick, Sheila [D-FL-20]

    FL • D

    Sponsored 6/7/2022

  • Rep. Brown, Shontel M. [D-OH-11]

    OH • D

    Sponsored 6/7/2022

  • Rep. Torres, Norma J. [D-CA-35]

    CA • D

    Sponsored 6/7/2022

  • Rep. Titus, Dina [D-NV-1]

    NV • D

    Sponsored 6/16/2022

  • Rep. Phillips, Dean [D-MN-3]

    MN • D

    Sponsored 6/16/2022

Roll Call Votes

No roll call votes available for this bill.

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