To adjust collateral requirements under the Small Business Act for disaster loans, and for other purposes.
Access to Sufficient Capital for Everyone in Natural Disaster areas Act of 2019 or the ASCEND Act of 2019
This bill makes permanent the increased threshold limits for the minimum major-disaster loan amount for which the Small Business Administration may require collateral.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
Reported by the Committee on Small Business. H. Rept. 116-115.
Reported by the Committee on Small Business. H. Rept. 116-115.
Placed on the Union Calendar, Calendar No. 84.
Mr. Delgado moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H5805-5806)
DEBATE - The House proceeded with forty minutes of debate on H.R. 277.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5805)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5805)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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