- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
House Committee on AgricultureGeneral Farm Commodities and Risk ManagementIntroducedMay 23rd, 2013
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Small Business Credit Availability Act
To ensure small businesses in rural America have access to credit to promote economic growth and job creation, and for other purposes.
Small Business Credit Availability Act - Amends the Commodity Exchange Act (CEA) to exclude from the meaning of financial entity any small bank, savings association, farm credit system institution, non-profit cooperative lender controlled by electric cooperatives, or credit union if the aggregate uncollateralized outward exposure plus aggregate potential outward exposure of the entity with respect to its swaps does not exceed $1 billion. (Thus exempts such entities from the clearing requirement.)