S.115 - Transparency in Small Business Assistance Act114th Congress (2015-2016)
|Sponsor:||Sen. Heller, Dean [R-NV] (Introduced 01/07/2015)|
|Committees:||Senate - Small Business and Entrepreneurship|
|Latest Action:||Senate - 01/07/2015 Read twice and referred to the Committee on Small Business and Entrepreneurship. (All Actions)|
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Summary: S.115 — 114th Congress (2015-2016)All Information (Except Text)
Introduced in Senate (01/07/2015)
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.