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Sen. Young Introduces 504 Credit Risk Management Improvement Act

Bailey Malota

WASHINGTON, Aug. 13 -- Sen. Todd Young, R-IN, has introduced the 504 Credit Risk Management Improvement Act, aimed at enhancing the oversight functions of the Office of Credit Risk Management within the Small Business Administration (SBA). The legislation seeks to bolster regulatory frameworks around certified development companies and their compliance with environmental obligations.

The proposed act amends the Small Business Investment Act of 1958, focusing on better management and . . .

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