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Small Business Access to Capital Act of 2017

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Official summary

Version 00 · Introduced in Senate · Sep 28, 2017

Small Business Access to Capital Act of 2017

This bill amends the Small Business Jobs Act of 2010 to reauthorize for an additional eight years the State Small Business Credit Initiative to assist participating states to give collateral financial support to and other innovative credit access and guarantee initiatives for small businesses and manufacturers.

The bill prescribes allocations of federal funds to participating states.

The Department of the Treasury may award, on a competitive basis, up to $1 billion in two tranches (portions), according to specified criteria, to participating states for use (1) for making federal contributions to an approved state program, or (2) as collateral for a qualifying loan or swap funding facility.

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Who introduced it

Sen. Stabenow, Debbie [D-MI] · D–MI

Committees

  • Small Business and Entrepreneurship Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Small Business and Entrepreneurship.

  2. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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