Capital for Cooperatives Act

United States117th CongressS-1736Senate
Updated: May 20, 2021

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 (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-6317: Capital for Cooperatives Act

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

  1. Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Senate

  2. Introduced in Senate

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