H.R.2835 - To amend the Small Business Act to waive the guarantee fee for loans of not more than $150,000 provided to veterans and spouses of veterans under the Export Working Capital, International Trade, and Export Express programs.115th Congress (2017-2018)
|Sponsor:||Rep. Brat, Dave [R-VA-7] (Introduced 06/08/2017)|
|Committees:||House - Small Business|
|Latest Action:||House - 06/08/2017 Referred to the House Committee on Small Business. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2835 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (06/08/2017)
This bill amends the Small Business Act to prohibit the Small Business Administration (SBA) from assessing a guarantee fee in connection with a loan of not more than $150,000 made to a veteran or spouse of a veteran beginning the first fiscal year after enactment of this bill under the SBA's Export Working Capital, International Trade, or Export Express programs.
If the President's budget for the upcoming fiscal year includes a cost for such a program that is above zero, this prohibition shall not apply to loans made during such upcoming fiscal year.