S. 645 — A bill to provide that loan guarantees in an economic development program shall be limited only by the availability of qualified applicants and limitations on appropriation Acts.

Summary

Amends the Public Works and Economic Development Act of 1965 to direct the Secretary of Commerce to make commitments to guarantee loans in the full amount provided by law subject only to: (1) the availability of qualified applicants; and (2) limitations in appropriation Acts.

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Legislative Actions

1985-03-07
Introduced in Senate
1985-03-07
Read twice and referred to the Committee on Environment and Public Works.

A bill to provide that loan guarantees in an economic development program shall be limited only by the availability of qualified applicants and limitations on appropriation Acts.

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