B26-0464

Small and Local Business Credit Enhancement Amendment Act of 2025

Introduced·11/3/25
Tion Text

Establishes a Small and Local Business Credit Enhancement Program to provide rent guarantees and credit enhancement services to qualifying businesses.

The Small and Local Business Credit Enhancement Amendment Act of 2025 amends the Small, Local, and Disadvantaged Business Enterprise Development and Assistance Act of 2005. It establishes a Small and Local Business Credit Enhancement Program within the Department of Small and Local Business Development. This program provides rent guarantees and other credit enhancement services to qualifying businesses. To qualify, businesses must be listed on a Small and Local Business Underwriting Registry.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Committee of the Whole Committee
Next
Committee decision

Sponsors

DDD
3
0
Democratic CaucusRepublican Caucus

History

Mar 3

Council

Referred to Committee on Committee of the Whole, Subcommittee on Local Business Development

Feb 27

Council

Referred to Committee on Committee of the Whole, Subcommittee on Local Business Development

Nov 7, 2025

Council

Notice of Intent to Act on B26-0464 Published in the DC Register