H.R. 7678 · 117th Congress

American Small Business Competition Act of 2022

Stage
In committee
Introduced
2022-05-06
Latest action
2022-05-06 · Introduced in House

Summary

American Small Business Competition Act of 2022

This bill increases the maximum loan amounts available for small businesses principally engaged in the research, development, manufacturing, or production of certain technologies. It also requires the Small Business Administration to report about the effect of inflation and supply chain disruption on the cost to small businesses of accessing capital.