US Codex
Bill
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Small Business Lending Reauthorization Act of 2015

S. 1001 · 114th Congress · Apr 16, 2015 · Lineage

A BILL

To establish authorization levels for general business loans for fiscal years 2015 and 2016.

Section 1 Short title

This Act may be cited as the “Small Business Lending Reauthorization Act of 2015”.

Sec. 2 General business loans authorization

Section 20 of the Small Business Act (15 U.S.C. 631 note) is amended—
(1)
by redesignating subsection (j) as subsection (f); and
(2)
by adding at the end the following:

“(g) Fiscal year 2015—For fiscal year 2015, the Administrator is authorized to make $20,500,000,000 in general business loans, as provided in section 7(a).

“(h) Fiscal year 2016—For fiscal year 2016, the Administrator is authorized to make $23,500,000,000 in general business loans, as provided in section 7(a).”