Introduced:
Mar 6, 2025
Policy Area:
Commerce
Congress.gov:
Bill Statistics
5
Actions
1
Cosponsors
0
Summaries
1
Subjects
2
Text Versions
Yes
Full Text
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Latest Action
Jul 30, 2025
Referred to the Committee on Small Business and Entrepreneurship.
Actions (5)
Referred to the Committee on Small Business and Entrepreneurship.
Type: IntroReferral
| Source: Senate
Jul 30, 2025
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Type: Discharge
| Source: Senate
Jul 30, 2025
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Type: Committee
| Source: Library of Congress
| Code: 14500
Jul 30, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Type: IntroReferral
| Source: Senate
Mar 6, 2025
Introduced in Senate
Type: IntroReferral
| Source: Library of Congress
| Code: 10000
Mar 6, 2025
Subjects (1)
Commerce
(Policy Area)
Cosponsors (1)
(D-PA)
Apr 29, 2025
Apr 29, 2025
Text Versions (2)
Full Bill Text
Length: 1,930 characters
Version: Reference Change Senate
Version Date: Jul 30, 2025
Last Updated: Nov 17, 2025 2:07 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 901 Reference Change Senate
(RCS) ]
<DOC>
119th CONGRESS
1st Session
S. 901
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 SENATE OF THE UNITED STATES
March 6, 2025
Mr. Tillis introduced the following bill; which was read twice and
referred to the Committee on Banking, Housing, and Urban Affairs
July 30, 2025
Committee discharged; referred to the Committee on Small Business and
Entrepreneurship
_______________________________________________________________________
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,
[From the U.S. Government Publishing Office]
[S. 901 Reference Change Senate
(RCS) ]
<DOC>
119th CONGRESS
1st Session
S. 901
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 SENATE OF THE UNITED STATES
March 6, 2025
Mr. Tillis introduced the following bill; which was read twice and
referred to the Committee on Banking, Housing, and Urban Affairs
July 30, 2025
Committee discharged; referred to the Committee on Small Business and
Entrepreneurship
_______________________________________________________________________
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>