arrow_back Back to App

Strengthening Small Business Loan Oversight and Environmental Protection.

New regulations aim to improve risk management in the small business loan program, potentially enhancing financial security for these enterprises. They also establish clear rules for environmental obligations of companies using these loans, which may influence business practices towards environmental protection.
Key points
Enhanced oversight of companies providing loans to small businesses, including regular audits and the ability to impose penalties for non-compliance.
Introduction of fees for loan-providing companies to cover oversight costs, which may impact their operations.
Requirement to develop clear rules for environmental compliance by companies receiving loans, potentially leading to more environmentally friendly business practices.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2659
Sponsor: Sen. Young, Todd [R-IN]
Process start date: 2025-08-01
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

504 Credit Risk Management Improvement Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2659.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-08-01.

What are the main provisions?

Key points include:

  • Enhanced oversight of companies providing loans to small businesses, including regular audits and the ability to impose penalties for non-compliance.
  • Introduction of fees for loan-providing companies to cover oversight costs, which may impact their operations.
  • Requirement to develop clear rules for environmental compliance by companies receiving loans, potentially leading to more environmentally friendly business practices.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Young, Todd [R-IN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Environment