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senate Bill S. 537

CLEAR SBA Act

bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Senate Committee on Small Business and Entrepreneurship
    IntroducedMarch 12th, 2013

Bill Details

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Title

CLEAR SBA Act

Official Title

A bill to require the Small Business Administration to make information relating to lenders making covered loans publicly available, and for other purposes.

Summary

Communicating Lender Activity Reports from the Small Business Administration Act or CLEAR SBA Act - Amends the Small Business Act to direct the Administrator of 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 Administrator to: (1) include in the database information on such loans made during FY2009-FY2013, and (2) incorporate information relating to such loans on an ongoing basis. Prohibits the Administrator 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.

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