Ask AI
S. 115

Transparency in Small Business Assistance Act

Transparency in Small Business Assistance Act

Directs the Administrator of the Small Business Administration (SBA) to collect, for specified periods, information from small businesses that receive SBA assistance, including a loan, loan guarantee, grant, or counseling services.

Requires such information to include: (1) the operational status of the small business and, if it is no longer operational, the reason for closure; (2) the number of part- and full-time employees; and (3) the number of referrals that SBA makes to another federal assistance program if it is unable to provide assistance to the business.

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sen. Heller, Dean [R-NV](R-NV)Sponsor
1committees2actions6subjects
  • Introduced in SenateJan 7, 2015
  1. IntroReferral

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

  2. IntroReferral10000

    Introduced in Senate