A bill to require the Small Business Administration to make information relating to lenders making covered loans publicly available, and for other purposes.
Communicating Lender Activity Reports from the Small Business Administration Act or the CLEAR SBA Act
(Sec. 2) Amends the Small Business Act to direct the Small Business Administration (SBA) to make publicly available a user-friendly database of information relating to lenders making loans under such Act or the Small Business Investment Act of 1958.
Requires the SBA to: (1) include in the database information on such loans made during FY2009-FY2015, and (2) incorporate information relating to such loans on an ongoing basis.
Prohibits the SBA from requiring lenders to submit additional information or to otherwise increase burdens on lenders in order to comply with this Act.
Expresses the sense of Congress that no additional funds should be made available to carry out this Act.
Referred to the House Committee on Small Business.
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.
Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 108.
By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-267.
By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-267.
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