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Capital for Cooperatives Act

USA117th CongressS-1736| Senate 
| Updated: 5/20/2021
John W. Hickenlooper

John W. Hickenlooper

Democratic Senator

Colorado

Cosponsors (1)
Jon Tester (Democratic)

Small Business and Entrepreneurship Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
May 20, 2021
Introduced in Senate
May 20, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jan 4, 2022

Latest Companion Bill Action

HR 117-6317
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • May 20, 2021
    Introduced in Senate


  • May 20, 2021
    Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • January 4, 2022

    Latest Companion Bill Action

    HR 117-6317
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Commerce

Related Bills

  • HR 117-6317: Capital for Cooperatives Act
Administrative law and regulatory proceduresBusiness educationCongressional oversightGovernment lending and loan guaranteesRural conditions and developmentSmall businessSmall Business Administration

Capital for Cooperatives Act

USA117th CongressS-1736| Senate 
| Updated: 5/20/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 20, 2021
Introduced in Senate
May 20, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jan 4, 2022

Latest Companion Bill Action

HR 117-6317
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • May 20, 2021
    Introduced in Senate


  • May 20, 2021
    Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • January 4, 2022

    Latest Companion Bill Action

    HR 117-6317
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
John W. Hickenlooper

John W. Hickenlooper

Democratic Senator

Colorado

Cosponsors (1)
Jon Tester (Democratic)

Small Business and Entrepreneurship Committee

Commerce

Related Bills

  • HR 117-6317: Capital for Cooperatives Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBusiness educationCongressional oversightGovernment lending and loan guaranteesRural conditions and developmentSmall businessSmall Business Administration