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Small Business ACE Act

By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.

Official summary

Version 80 · Reported to Senate without amendment · Oct 11, 2018

Small Business Access to Capital and Efficiency Act or the Small Business ACE Act

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.)

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Who introduced it

Sen. Risch, James E. [R-ID] · R–ID

Committees

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

    Actions

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    1. By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.

    2. By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-438.

    3. Placed on Senate Legislative Calendar under General Orders. Calendar No. 634.

    4. Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment and an amendment to the title. Without written report.

    5. Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment and an amendment to the title. Without written report.

    6. Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.

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

    8. Introduced in Senate

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    Related bills identified by Congress.gov

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

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