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H.R. 6348 · 115th Congress · 2017–2018

Small Business ACE Act

H.R. 6348 in the 115th Congress (2017–2018) became law — introduced on Jul 12, 2018, sponsored by John R. Curtis with 1 co-sponsors.

During the 115th Congress (2017–2018), Donald Trump was president, and Republicans held majorities in both the House and Senate.

Status
Became law
Introduced
Jul 12, 2018
Co-sponsors
1
Policy area
Finance and Financial Sector
Public law
Public Law 115-371

What it does

Small Business Access to Capital and Efficiency Act or the Small Business ACE Act (Sec. 2) This bill amends the Small Business Investment Act of 1958 to revise the loan amount above which a real estate appraisal is required for the commercial real property securing a Certified Development Company loan. Specifically, the bill ties the amount to the federal banking regulator appraisal threshold.

Summary by the nonpartisan Congressional Research Service.

Sponsor

John R. Curtis (R-UT). Co-sponsors: 1 Democrat.

Where it stands

  • IntroducedJul 12, 2018
  • Passed the HouseSep 25, 2018
  • Passed the SenateDec 19, 2018
  • Sent to the PresidentDec 21, 2018
  • Became lawDec 21, 2018

Latest action: Became Public Law No: 115-371. (Dec 21, 2018)

Other Finance and Financial Sector bills in the 115th Congress

Committees

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 6348 (115th Congress): Small Business ACE Act,” https://www.capitolreceipts.com/bill/115-hr-6348/small-business-ace-act (accessed 2026-10-14).

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