H.R. 586 — A bill to amend the Small Business Act to increase to $110,000 the amount of a borrower's disaster loans eligible for a 3 per centum interest rate.

Summary

Amends the Small Business Act to increase from $55,000 to $110,000 the amount of a borrower's disaster loan which is eligible for a three percent interest rate, in the case of a disaster occurring on or after January 1, 1980.

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Legislative Actions

1981-01-05
Introduced in House
1981-01-05
Introduced in House
1981-01-05
Referred to House Committee on Small Business.
1981-02-20
Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.

A bill to amend the Small Business Act to increase to $110,000 the amount of a borrower's disaster loans eligible for a 3 per centum interest rate.

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Summary

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