United States 115th Congress Status: Died 1 R cosponsors

HR 6348 — Small Business ACE Act Small Business Access to Capital and Efficiency Act

Last action — Presented to President.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. Died in session

This bill died with 115th Congress. It reached “To Executive” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Small Business ACE Act Small Business Access to Capital and Efficiency Act (Sec. 2) This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)

Bill Text

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

Read HR 6348 on the official United States source →

Action History

  1. Presented to President.

  2. Message on Senate action sent to the House.

  3. Passed Senate without amendment by Voice Vote.

  4. Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent. (consideration: S7896-7897)

  5. Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

  6. Motion to reconsider laid on the table Agreed to without objection.

  7. On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8802)

  8. DEBATE - The House proceeded with forty minutes of debate on H.R. 6348.

  9. Considered under suspension of the rules. (consideration: CR H8802-8803)

  10. Mr. Chabot moved to suspend the rules and pass the bill.

  11. Placed on the Union Calendar, Calendar No. 732.

  12. Reported by the Committee on Small Business. H. Rept. 115-941.

  13. Ordered to be Reported.

  14. Committee Consideration and Mark-up Session Held.

  15. Referred to the House Committee on Small Business.

  16. Sponsor introductory remarks on measure. (CR H6118-6119)

  17. Introduced in House

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 and financial sector Banking and financial institutions regulation Government lending and loan guarantees Real estate business Small business
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HR 6348 do?
Small Business ACE Act Small Business Access to Capital and Efficiency Act (Sec. 2) This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold. (Currently, an appraisal is required for a loan of more than $250,000.)
Who sponsors HR 6348?
HR 6348 is sponsored by John Curtis (R).
What is the current status of HR 6348?
This bill died with 115th Congress. It reached “To Executive” 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 6348?
Track HR 6348 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes about 14 hours ago · updated continuously

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