United States 113th Congress Status: Died 1 D cosponsors

HR 776 — Security in Bonding Act of 2014

Last action — Placed on the Union Calendar, Calendar No. 342.

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  1. ✓
    Introduced
  2. Died in session

This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Security in Bonding Act of 2014 - Amends the Small Business Investment Act of 1958 with respect to any Small Business Administration (SBA) guarantee or agreement to indemnify a surety under the Small Business Investment Program against loss from a breach of the terms of a bid bond, payment bond, performance bond, or ancillary bonds, by a principal on any total work order or contract amount at the time of bond execution that does not exceed $6.5 million, as adjusted for inflation. Increases from 70% to 90% of the loss incurred and paid by a surety authorized to issue bonds (subject to SBA guarantee) the SBA's maximum obligation to pay the surety under the guarantee or agreement to indemnify.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 776 on the official United States source →

Action History

  1. Placed on the Union Calendar, Calendar No. 342.

  2. Reported (Amended) by the Committee on Small Business. H. Rept. 113-462, Part II.

  3. Reported (Amended) by the Committee on Judiciary. H. Rept. 113-462, Part I.

  4. Ordered to be Reported (Amended) by Voice Vote.

  5. Committee Consideration and Mark-up Session Held.

  6. Subcommittee on Regulatory Reform, Commercial And Antitrust Law Discharged.

  7. Further action deferred.

  8. Committee Consideration and Mark-up Session Held.

  9. Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

  10. Referred to House Small Business

  11. Referred to House Judiciary

  12. Referred to the Committee on the Judiciary, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor
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Frequently asked questions

What does HR 776 do?
Security in Bonding Act of 2014 - Amends the Small Business Investment Act of 1958 with respect to any Small Business Administration (SBA) guarantee or agreement to indemnify a surety under the Small Business Investment Program against loss from a breach of the terms of a bid bond, payment bond, performance bond, or ancillary bonds, by a principal on any total work order or contract amount at the time of bond execution that does not exceed $6.5 million, as adjusted for inflation. Increases from 70% to 90% of the loss incurred and paid by a surety authorized to issue bonds (subject to SBA guarantee) the SBA's maximum obligation to pay the surety under the guarantee or agreement to indemnify.
Who sponsors HR 776?
HR 776 is sponsored by Richard Hanna (Democrat).
What is the current status of HR 776?
This bill died with 113th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 776?
Track HR 776 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes about 17 hours ago · updated continuously

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