To amend the Small Business Act to clarify certain guarantee fees for loans repayable in 1 year or less.
The bill’s titles are written by its sponsor.
Sponsor. Representative for California's 31st congressional district. Democrat.
This bill was introduced on April 21, 2016, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill.It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced insubsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
4 Cosponsors (4 Democrats)
April 21, 2016 | Introduced Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. |
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 5029. This is the one from the 114th Congress.
This bill was introduced in the 114th Congress, which met from Jan. 6, 2015 to Jan. 3, 2017. Legislation not passed by the end of a Congress is cleared from the books.
We recommend the followingMLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2025). H.R. 5029 — 114th Congress: Small Business Lending Assistance Act of 2016. Retrieved from https://www.govtrack.us/congress/bills/114/hr5029
“H.R. 5029 — 114th Congress: Small Business Lending Assistance Act of 2016.” www.GovTrack.us. 2016. April 13, 2025 <https://www.govtrack.us/congress/bills/114/hr5029>
Small Business Lending Assistance Act of 2016, H.R. 5029, 114th Cong..
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