H.R.6303: Increasing Access to Capital Act of 2020

Overview

Increasing Access to Capital Act of 2020 This bill requires the Small Business Administration (SBA) to temporarily waive, or reduce to the maximum extent possible, certain fees on SBA loans. The bill also temporarily increases the guarantee amount and loan size for certain SBA loans, including express loans, and it permanently waives the guarantee fee on SBA loans for veterans.

Our Stance

Support

Priority

Medium

Bill Number

H.R.6303

Date Introduced

March 19, 2020

Committee

House Small Business Committee

Bill Status

Introduced or Prefiled

Sponsor

Rep. Jason Crow