Legis Daily

SBA Franchise Loan Default Disclosure Act

USA117th CongressS-2162| Senate 
| Updated: 3/16/2022
Catherine Cortez Masto

Catherine Cortez Masto

Democratic Senator

Nevada

Cosponsors (1)
Elizabeth Warren (Democratic)

Small Business and Entrepreneurship Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
SBA Franchise Loan Default Disclosure Act This bill requires the Small Business Administration to publish on its website and to regularly update the loan default rates by franchise brands during the preceding 10-year period.
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Timeline
Jun 22, 2021
Introduced in Senate
Jun 22, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Mar 16, 2022
Committee on Small Business and Entrepreneurship. Hearings held.
  • June 22, 2021
    Introduced in Senate


  • June 22, 2021
    Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • March 16, 2022
    Committee on Small Business and Entrepreneurship. Hearings held.

Commerce

Government information and archivesGovernment lending and loan guaranteesRetail and wholesale tradesSmall business

SBA Franchise Loan Default Disclosure Act

USA117th CongressS-2162| Senate 
| Updated: 3/16/2022
SBA Franchise Loan Default Disclosure Act This bill requires the Small Business Administration to publish on its website and to regularly update the loan default rates by franchise brands during the preceding 10-year period.
View Full Text

Suggested Questions

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

Timeline
Jun 22, 2021
Introduced in Senate
Jun 22, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Mar 16, 2022
Committee on Small Business and Entrepreneurship. Hearings held.
  • June 22, 2021
    Introduced in Senate


  • June 22, 2021
    Read twice and referred to the Committee on Small Business and Entrepreneurship.


  • March 16, 2022
    Committee on Small Business and Entrepreneurship. Hearings held.
Catherine Cortez Masto

Catherine Cortez Masto

Democratic Senator

Nevada

Cosponsors (1)
Elizabeth Warren (Democratic)

Small Business and Entrepreneurship Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government information and archivesGovernment lending and loan guaranteesRetail and wholesale tradesSmall business