Bills / H.R. 10352
H.R. 10352
504 Program Level Flexibility Act
In plain English
504 Program Level Flexibility Act This bill authorizes the Small Business Administration (SBA), upon a determination that the amount of its commitments to guarantee loans under the 504 Loan Program could exceed the authorized annual limit, to guarantee up to 115% of that limit. The 504 Loan Program provides a small business with SBA financing—through a certified development company intermediary—for expansion or modernization. The bill requires the SBA to notify Congress if it intends to use this authority. The SBA may exercise the authority only once each fiscal year.
Congressional Research Service summary from Congress.gov (not yet simplified).
Sponsor and status
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How South Carolina voted
No recorded roll-call vote on this bill yet. Most bills never get one.
Who lobbied
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No lobbying reported on this bill in the reports we have loaded (January 2025 through September 2026). Lobbyists report each quarter, about 20 days after it ends, so any lobbying since October 2026 will be added once those reports are filed.