S. 1736 · 117th Congress · Senate

Capital for Cooperatives Act

Active· Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced
May 20, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. MAY 20, 2021IntroReferral

    Introduced in Senate

  2. MAY 20, 2021IntroReferral

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

Committees

1

Small Business and Entrepreneurship Committee

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Referred: May 20, 2021

Active