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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced March 6, 2025 by Thomas Roland Tillis · Last progress March 6, 2025
Amends statutory dollar limits for certain Small Business Administration loan programs by changing numeric loan-amount language in the Small Business Act and the Small Business Investment Act. The bill text as provided appears to replace existing dollar figures with new figures (one change looks like an increase), but the submitted amendment text contains malformed placeholders (e.g., "inserting0,000,000") and does not include a clear effective date, making the precise new limits and timing unclear.
LIONs Act of 2025