Authorizing the Secretary of State to establish a program of Federally-guaranteed loans to certain refugees.
Refugee Guaranteed Loan Act - Directs the Secretary of State to: (1) establish a Federal loan guarantee program to encourage private lenders and organizations to provide loans to eligible refugees; and (2) provide direct Federal loans to certain eligible refugees who do not have access to such program. Limits individual loans to $8,500.
Requires eligible refugees to participate in such program or be sponsored by a U.S. citizen.
Makes a refugee admitted into the United States under such loan program ineligible for one year for: (1) food stamps; (2) aid to families with dependent children; (3) federally-assisted refugee assistance; and (4) supplemental security income under the Social Security Act.
Introduced in House
Introduced in House
Referred to the House Committee on Foreign Affairs.
Referred to the House Committee on Judiciary.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Agriculture.
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Immigration, Refugees, and International Law.
Referred to the Subcommittee on Domestic Marketing, Consumer Relations, and Nutrition.
Referred to the Subcommittee on Health and the Environment.
Executive Comment Requested from State.
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