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
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Timeline
Latest companion bill action
HR-6317: Capital for Cooperatives ActReferred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Senate
Introduced in Senate
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