H.R. 5958IntroducedHouse · nowSenatePresidentLawIn committeeSec. 5 · H.R. 5958
Small business intermediary lending pilot program for worker-owned cooperative business
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Section 7(l) of the Small Business Act (15 U.S.C. 636(l)) is amended— (1) in paragraph (1), by striking subparagraph (A) and inserting the following: (A) the term ‘eligible intermediary’ means a cooperative (as defined in subsection (a)(35)); and; and (2) in paragraph (4)(G)— (A) by striking 2011, 2012, and 2013 and inserting 2026 through 2036; and (B) in clause (ii), by striking $20,000,000 and inserting $60,000,000.