117th Congress (2021–2023) · House bill · Sponsor: Rep. Burchett, Tim [R-TN-2]
This page covers HR1487 in the 117th Congress. Bill numbers start over every Congress, so HR1487 in another Congress is a different bill.
| Item | Detail |
|---|---|
| Roll-call votes | 1 |
| Chamber | House |
| Latest vote | 2021-04-15: Passed |
| Latest action | 2021-04-19: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. |
| Policy area | Commerce |
| Official record | Congress.gov |
Microloan Transparency and Accountability Act of 2021 This bill modifies reporting requirements related to the Small Business Administration's (SBA) disbursement of certain financial assistance. Specifically, the bill requires the SBA to report certain metrics related to the disbursement of microloans to small businesses, including (1) the number, amount, and percentage of such loans that went into default in the previous year; (2) the extent to which microloans are provided to small businesses in rural areas; and (3) the average size, rate of interest, and amount of fees charged for each microloan.
Subjects: Administrative remedies, Congressional oversight, Government information and archives, Government lending and loan guarantees, Government studies and investigations, Rural conditions and development, Small Business Administration
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2021-04-15 | House | 2/3 Yea-And-Nay | Passed | 278 | 4 | 7 | Official tally |
HR1487 (Microloan Transparency and Accountability Act of 2021) was introduced in the 117th Congress (2021–2023) by Rep. Burchett, Tim [R-TN-2].
On 2021-04-19: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
1 recorded vote in the 117th Congress. The most recent, on 2021-04-15, was "2/3 Yea-And-Nay": Passed.