SBA Franchise Loan Default Disclosure Act
Summary
SBA Franchise Loan Default Disclosure Act This bill requires the Small Business Administration to publish on its website and to regularly update the loan default rates by franchise brands during the preceding 10-year period.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2021
Committee Review
Floor Vote
President
Introduced Jun 22, 2021
Last action Mar 16, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Mar 16, 2022
Upper · Passed
Committee on Small Business and Entrepreneurship. Hearings held.
upper
Jun 22, 2021
Committee
Read twice and referred to the Committee on Small Business and Entrepreneurship.
upper
Jun 22, 2021
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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