On the recordJanuary 25, 2023
The microloan program which delivers capital assistance to the Nation's smallest businesses is an important lending tool at the SBA. H.R. 449, the Microloan Transparency and Accountability Act, will deliver comprehensive data and information on the effectiveness of the program. I applaud all of the members for working on this important legislation in an effort to shine more light on how well the program is working. From my State of Texas to both of the Nation's coasts, accessing capital remains a top challenge facing all small businesses. We must ensure these programs and tools are operating at a high level and delivering on the goals that Congress set for them. Mr. Speaker, I urge my colleagues to support H.R. 449, and I yield back the balance of my time. The SPEAKER pro tempore. The question is on the motion offered by the gentleman from Texas (Mr. Williams) that the House suspend the rules and pass the bill, H.R. 449. The question was taken; and (two-thirds being in the affirmative) the rules were suspended and the bill was passed. A motion to reconsider was laid on the table. ____________________





