Capital for Cooperatives Act

United States117th CongressHR-6317House of Representatives
Updated: Jan 4, 2022

Summary

Capital for Cooperatives Act This bill eliminates the requirement that cooperatives provide a personal guarantee with respect to certain Small Business Administration (SBA) loans. It also requires the SBA, in collaboration with the Interagency Working Group on Cooperative Development, to develop recommendations and cooperate with federal agencies and other entities to promote, support, and increase the number of cooperatives.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

Latest companion bill action

S-1736: Capital for Cooperatives Act

Introduced in Senate

  1. Introduced in House

  2. Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    House of Representatives

  3. Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

    House of Representatives

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