S. 1001 — Introduced in Senate

II 114th CONGRESS 1st Session S. 1001 IN THE SENATE OF THE UNITED STATES April 16, 2015 Mr. Risch (for himself, Mr. Peters, Mr. Gardner, and Mrs. Shaheen) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To establish authorization levels for general business loans for fiscal years 2015 and 2016. 1. Short title This Act may be cited as the Small Business Lending Reauthorization Act of 2015. 2. General business loans authorization Section 20 of the Small Business Act (15 U.S.C. 631 note) is amended— (1) by redesignating subsection (j) as subsection (f); and (2) by adding at the end the following: (g) Fiscal year 2015 For fiscal year 2015, the Administrator is authorized to make $20,500,000,000 in general business loans, as provided in section 7(a). (h) Fiscal year 2016 For fiscal year 2016, the Administrator is authorized to make $23,500,000,000 in general business loans, as provided in section 7(a). .