S. 1897: Small Business Access to Capital Act of 2017
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S. 1897: Small Business Access to Capital Act of 2017
115th Congress · introduced 2017-09-28 · Commerce · Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship.
federal
Follow this bill, step by step
- Where it came from: introduced 2017-09-28 · official record
- Who proposed it: Sen. Stabenow, Debbie [D-MI] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Small Business and Entrepreneurship. 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
Small Business Access to Capital Act of 2017
Plain summary
Small Business Access to Capital Act of 2017 This bill amends the Small Business Jobs Act of 2010 to reauthorize for an additional eight years the State Small Business Credit Initiative to assist participating states to give collateral financial support to and other innovative credit access and guarantee initiatives for small businesses and manufacturers. The bill prescribes allocations of federal funds to participating states. The Department of the Treasury may award, on a competitive basis, up to $1 billion in two tranches (portions), according to specified criteria, to participating states for use (1) for making federal contributions to an approved state program, or (2) as collateral for a qualifying loan or swap funding facility.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
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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
Small Business Access to Capital Act of 2017
Source: Congressional Research Service summary (Introduced in Senate)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Stabenow, Debbie [D-MI] · 2 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Jeanne Shaheen (D-NH), Gary C. Peters (D-MI)
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 (2)
- Ballot initiative
- A proposed law or constitutional amendment that citizens place on the ballot by gathering enough voter signatures, so voters decide it directly. About half the states allow some form of it.
- 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).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115s1897.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/s>
Record fed-us-cong115-s1897 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115