Veterans Entrepreneurship Act

Bill: 114-s-957
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Introduced: 2015-04-15 in the Senate
Policy area: Commerce
Subjects: Congressional oversight
Disaster relief and insurance
Financial services and investments
Government lending and loan guarantees
National Guard and reserves
Small business
User charges and fees
Veterans' education, employment, rehabilitation
Women in business

Summary:
action_date: 2015-04-15
text: 

Veterans Entrepreneurship Act

 
Amends the Small Business Act to prohibit the Administrator of the Small Business Administration (SBA) from assessing a guarantee fee in connection with a loan made under the SBA Express Program to a veteran or spouse of a veteran on or after October 1, 2015. 
 
Directs the Administrator to report to Congress on: (1) the feasibility of providing financial planning and counseling to owners of small business concerns who are members of a reserve component prior to deployment; (2) the level of outreach to and consultation with female veterans by women's business centers and veterans business outreach centers; and (3) the Military Reservists Economic Injury Disaster Loan Program, which shall include a discussion of SBA outreach efforts to increase participation, the number of loans made, and an analysis of the effectiveness of, and recommendations for improving, the Program.

action_date: 2015-06-10
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

Veterans Entrepreneurship Act

 
(Sec. 3) Amends the Small Business Act to prohibit the Administrator of the Small Business Administration (SBA) from assessing a guarantee fee in connection with a loan made under the SBA Express Program to a veteran or spouse of a veteran on or after October 1, 2015. 
 
(Sec. 4) Directs the Administrator to report to Congress on: (1) the feasibility of providing financial planning and counseling to owners of small business concerns who are members of a reserve component prior to deployment; (2) the level of outreach to and consultation with female veterans by women's business centers and veterans business outreach centers; and (3) the Military Reservists Economic Injury Disaster Loan Program, which shall include a discussion of SBA outreach efforts to increase participation, the number of loans made, and an analysis of the effectiveness of, and recommendations for improving, the Program.


Legislative actions:
action_date: 2016-04-21
text: By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-240.
action_date: 2016-04-21
text: By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-240.
action_date: 2015-06-10
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 105.
action_date: 2015-06-10
text: Committee on Small Business and Entrepreneurship. Reported by Senator Vitter without amendment. Without written report.
action_date: 2015-06-10
text: Committee on Small Business and Entrepreneurship. Reported by Senator Vitter without amendment. Without written report.
action_date: 2015-04-23
text: Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
action_date: 2015-04-15
text: Read twice and referred to the Committee on Small Business and Entrepreneurship.
action_date: 2015-04-15
text: Introduced in Senate