To amend the Small Business Act to ensure that applicants with a criminal record are eligible for certain loans, and for other purposes.
Fair Chance for Small Business Relief Act
This bill prohibits the Small Business Administration from declining to provide or guarantee certain small business loans solely on the basis that an applicant (1) is on probation or parole, (2) is presently subject to a means by which formal criminal charges are brought (e.g., indictment or arraignment), or (3) has been arrested or convicted of any crime.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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