Today, the House Small Business Committee passed Congressman Mark Alford’s (MO-04) bipartisan 504 Program Level Flexibility Act, introduced with Representative Lateefah Simon (CA-12). The legislation would give the Small Business Administration (SBA) additional flexibility to meet increased demand for 504 loans that help small businesses make long-term investments in facilities,
Mark Alford will support legislation giving the Small Business Administration additional flexibility to meet increased demand for 504 loans for small business long-term investments.
Occurrences
Evidence
verified · Source version 73403 · locator 1414
The legislation would give the Small Business Administration (SBA) additional flexibility to meet increased demand for 504 loans
verified · Source version 73405 · locator 2976
H.R. 10352 – 504 Program Level Flexibility Act Ordered to be reported by the Yeas and Nays: 23-0
Assessments
The verified commitment says Alford's bipartisan 504 Program Level Flexibility Act was introduced with Rep. Simon and passed the House Small Business Committee. Verified evidence confirms the bill would give SBA additional flexibility for 504-loan demand and that H.R. 10352 was ordered reported by the committee. Because the claim is to support legislation, not to secure enactment of the final SBA outcome, introducing and materially advancing the bill fulfills the action commitment. There is no verified evidence of enactment, so this does not prove the broader policy outcome became law.