S. 115 · 114th Congress
Transparency in Small Business Assistance Act
- Stage
- In committee
- Sponsor
- Dean Heller
- Introduced
- 2015-01-07
- Latest action
- 2015-01-07 · Introduced in Senate
Summary
Transparency in Small Business Assistance Act
Directs the Administrator of the Small Business Administration (SBA) to collect, for specified periods, information from small businesses that receive SBA assistance, including a loan, loan guarantee, grant, or counseling services.
Requires such information to include: (1) the operational status of the small business and, if it is no longer operational, the reason for closure; (2) the number of part- and full-time employees; and (3) the number of referrals that SBA makes to another federal assistance program if it is unable to provide assistance to the business.