Sen. Mark Udall (D-Colo.) reaffirmed his belief that S. 2231, the legislation he sponsored that would raise the member business lending cap to 27.5%, will come to a vote this year despite reports it has been delayed indefinitely.
"Senator Reid has promised a vote on this bill and I'm committed to making that vote happen," Udall said. "There is a busy Senate calendar this year, as I understand Senator Schumer — a co-sponsor of the bill — was pointing out, but this will come to the floor for a vote."
Udall added that for him, the bottom line is that S. 2231 would free up capital and allow small-business owners to create more jobs.
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