H.R. 3132: To increase the amount of funding available for fiscal year 2015 for certain general business loans authorized under the Small Business Act.
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H.R. 3132: To increase the amount of funding available for fiscal year 2015 for certain general business loans authorized under the Small Business Act.
114th Congress · introduced 2015-07-21 · Commerce · Latest: Referred to the House Committee on Small Business.
federal
Follow this bill, step by step
- Where it came from: introduced 2015-07-21 · official record
- Who proposed it: Rep. Velazquez, Nydia M. [D-NY-7] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the House Committee on Small Business. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
To increase the amount of funding available for fiscal year 2015 for certain general business loans authorized under the Small Business Act.
Plain summary
This bill amends the Consolidated and Further Continuing Appropriations Act, 2015 to increase the limit from $18.75 billion to $23.5 billion for FY2015 commitments for general business loans authorized under the Small Business Act for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
To increase the amount of funding available for fiscal year 2015 for certain general business loans authorized under the Small Business Act.
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Velazquez, Nydia M. [D-NY-7] · 43 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Judy Chu (D-CA), Yvette D. Clarke (D-NY), Seth Moulton (D-MA), Grace Meng (D-NY), Alma S. Adams (D-NC), Gregory W. Meeks (D-NY), Peter Welch (D-VT), Mark Pocan (D-WI), Mike Quigley (D-IL), Lois Frankel (D-FL), Eleanor Holmes Norton (D-DC), Jim Costa (D-CA), Suzanne Bonamici (D-OR), Maxine Waters (D-CA), Joyce Beatty (D-OH), Ami Bera (D-CA), Joe Courtney (D-CT), Ted Lieu (D-CA), Zoe Lofgren (D-CA), Mark DeSaulnier (D-CA)
Sponsor's campaign money: Rep. Velazquez, Nydia M. [D-NY-7] reported raising $180,257 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (4)
- Appropriation
- Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
- Authorization
- A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Fiscal year
- The 12-month period a government uses for its budget. The federal fiscal year runs from October 1 to September 30 and is named for the calendar year in which it ends. Most states use July 1 to June 30.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114hr3132.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/hr>
Record fed-us-cong114-hr3132 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114