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504 Modernization and Small Manufacturer Enhancement Act of 2025

Committee hearing: it can still change before the session ends.

US S 2662 · Senate Bill · 119th Congress

Stage
Committee hearing
Started in
Senate
Sponsors
2
Latest action
Sep 17, 2025

What it does

The 504 Modernization and Small Manufacturer Enhancement Act of 2025 amends the Small Business Investment Act of 1958 to improve access to affordable capital for small manufacturers by increasing loan limits, reducing contribution and collateral requirements, and streamlining loan closing procedures. It adds new policy goals including workforce development, minority- and women-owned business expansion, disaster area revitalization, and support for very small businesses (10 or fewer employees). The bill also establishes assistance programs through partnerships with resource partners and modifies leasing rules to allow small manufacturers greater flexibility in using financed facilities for…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Aug 1, 2025

  2. Committee (Current step)

    Committee hearing · Sep 17, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

504 Modernization and Small Manufacturer Enhancement Act of 2025 | 52