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119-hjres-207119th Congress

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Small Business Administration relating to "Citizenship and Residency Requirements and Recission of Procedural Notice 5000-872050" and "Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans".

Sponsored By: Representative Velázquez, Nydia M. [D-NY-7]

Introduced

Summary

Nullifies an SBA rule that added citizenship, residency, and ownership requirements for 7(a) and 504 loans. The resolution disapproves those agency rules and states they shall have no force or effect.

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Bill Overview

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Sponsors & CoSponsors

Sponsor

Velázquez, Nydia M. [D-NY-7]

NY • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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