SBA Franchise Loan Default Disclosure Act
Summary
SBA Franchise Loan Default Disclosure Act This bill requires the Small Business Administration to publish on its website and to regularly update the loan default rates by franchise brands during the preceding 10-year period.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2021
Committee Review
Floor Vote
President
Introduced Jun 22, 2021
Last action Mar 16, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Mar 16, 2022
Senate · Reported by committee
Committee on Small Business and Entrepreneurship. Hearings held.
Jun 22, 2021
Senate · Referred to committee
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 22, 2021
Senate · Introduced
Introduced in Senate
1 primary · 1 co-sponsor
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about S 2162
Scope: US
Hi! I can help you understand S 2162. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline