119-hr1893

HR
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LIONs Act of 2025

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Introduced:
Mar 5, 2025
Policy Area:
Commerce

Bill Statistics

3
Actions
8
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Mar 5, 2025
Referred to the House Committee on Small Business.

Actions (3)

Referred to the House Committee on Small Business.
Type: IntroReferral | Source: House floor actions | Code: H11100
Mar 5, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Mar 5, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Mar 5, 2025

Subjects (1)

Commerce (Policy Area)

Cosponsors (8)

Text Versions (1)

Introduced in House

Mar 5, 2025

Full Bill Text

Length: 1,817 characters Version: Introduced in House Version Date: Mar 5, 2025 Last Updated: Nov 15, 2025 2:04 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1893 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 1893

To amend the Small Business Act and the Small Business Investment Act
of 1958 to increase the maximum loan amount for certain loans, and for
other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 5, 2025

Mr. Thanedar (for himself and Mr. Alford) introduced the following
bill; which was referred to the Committee on Small Business

_______________________________________________________________________

A BILL

To amend the Small Business Act and the Small Business Investment Act
of 1958 to increase the maximum loan amount for certain loans, and for
other purposes.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

This Act may be cited as the ``Loans In Our Neighborhoods Act of
2025'' or the ``LIONs Act of 2025''.
SEC. 2.
(A) LOAN.
Section 7 (a) (3) (A) of the Small Business Act (15 U.

(a)

(3)
(A) of the Small Business Act (15 U.S.C.
636

(a)

(3)
(A) ) is amended by striking ``$3,750,000 (or if the gross loan
amount would exceed $5,000,000)'' and inserting ``$7,500,000 (or if the
gross loan amount would exceed $10,000,000)''.
SEC. 3.
Section 502 (2) (A) of the Small Business Investment Act of 1958 (15 U.

(2)
(A) of the Small Business Investment Act of 1958 (15
U.S.C. 696

(2)
(A) ) is amended--

(1) by striking ``$5,000,000'' each place it appears and
inserting ``$10,000,000''; and

(2) by striking ``$5,500,000'' each place it appears and
inserting ``$10,000,000''.
<all>