September 14, 2026
Ms. Simon (for herself and Mr. Alford) introduced the following bill; which was referred to the Committee on Small Business
A BILL
To amend the Small Business Investment Act of 1958 to allow the Administrator of the Small Business Administration the authority to increase amount of commitments to qualified State or local development companies, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “504 Program Level Flexibility Act”.