S. 648 — A bill to amend section 502 of the Small Business Investment Act of 1958 to provide for loans for plant acquisition, and for other purposes.

Summary

Authorizes the Small Business Administration to make loans for plant acquisition. States that loans made for the purpose of acquiring real property and constructing improvements thereon shall have a maturity of twenty years. Limits the maturity of other loans to 10 years.

Full Text

Legislative Actions

1975-02-11
Introduced in Senate
1975-02-11
Referred to Senate Committee on Banking, Housing and Urban Affairs.

A bill to amend section 502 of the Small Business Investment Act of 1958 to provide for loans for plant acquisition, and for other purposes.

Sponsors

Subjects

Summary

Full Text

Legislative Actions

Ask about this bill