A bill to extend the effective date for the sunset for collateral requirements for Small Business Administration disaster loans.
Public Law 115-280 · S. 3554 · 115th Congress · began in the Senate
Signed by Donald Trump (R) on Nov 29, 2018 · Commerce
Sponsor: Sen. John Kennedy (R-LA)
Cosponsors (2): Sen. Marco Rubio, Sen. Cory Booker
Passage votes
- HouseUnanimous consent
- SenateUnanimous consent
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
(Sec. 1) This bill amends the RISE After Disaster Act of 2015 to extend by one year the increased threshold for the minimum major-disaster loan amount for which the Small Business Administration may require collateral.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Related bills
The record lists no related bills.
Data notes
Related bills are identified by the Congressional Research Service, the House and the Senate: companion and identical bills, bills with similar text, bills that were folded into this law, and rules that brought it to the floor. A bill that is itself a public law in this site’s data links here; the others link to Congress.gov.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 17 actions.
- Dec 20, 2018FloorFloor · By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-453.
- Nov 29, 2018Became lawBecame law · Became Public Law No: 115-280.
- Became lawBecame law · Signed by President.
- Nov 27, 2018FloorFloor · Presented to President.
- Nov 16, 2018FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
- FloorFloor · On passage Passed without objection.
- FloorFloor · Mr. Chabot asked unanimous consent to take from the Speaker's table and consider.
- FloorFloor · Considered by unanimous consent.
- FloorFloor · Held at the desk.
- FloorFloor · Message on Senate action sent to the House.
- FloorFloor · Received in the House.
- Nov 15, 2018FloorFloor · Passed Senate without amendment by Unanimous Consent.
- Oct 11, 2018CalendarCalendar · Placed on Senate Legislative Calendar under General Orders. Calendar No. 631.
- CommitteeCommittee · Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.
- CommitteeCommittee · Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
- Oct 5, 2018CommitteeCommittee · Read twice and referred to the Committee on Small Business and Entrepreneurship.
- IntroducedIntroduced · Introduced in Senate
Data notes
Every action the Library of Congress lists for the bill, from introduction to signing, plus the dated committee hearings. The source lists many steps twice (the chamber’s own entry and the Library of Congress copy, or a presidential and a became-law entry with the same words); those are shown once. Amendments are listed in their own section.
Amendments
No amendments to this bill are on record.
Data notes
Amendments offered to this bill in either chamber, as the Library of Congress records them: each with a status read from its last recorded step: agreed to, rejected, withdrawn, ruled out of order, fell with another amendment, or offered with no vote recorded (most Senate amendments are only ever offered). The wording of each amendment is the source’s. Amendments to amendments and amendments to other bills are not listed.
Official record
The bill’s full text is on Congress.gov. Data through Oct 7, 2026.