Active· Committee on Small Business and Entrepreneurship. Hearings held.
Introduced
Jun 22, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending
Introduced
Jun 22, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending
Executive Summary
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.