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- H.R.2687
H.R.2687: To amend the Small Business Act to reduce the interest rates on disaster loans provided by the Small Business Administration for losses resulting from flooding in the Midwest.
About This Bill
- Introduced July 21, 1993
- Latest Major Action July 29, 1993
Bill Sponsor
Bill Cosponsors
6 (5 Democrats, 1 Republican)
Bill Summary
Amends the Small Business Act to reduce to one percent per year (currently, varying amounts of up to eight percent) the interest rate on the Federal share of disaster loans provided by the Small Business Administration for losses resulting from flooding in Midwest communities during the period beginning on June 1, 1993, and ending on May 31, 1994.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Small Business.
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Referred to the Subcommittee on SBA Legislation and the General Economy.
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July 21, 1993 |
Introduced in the House by Alan Dupree Wheat (D-Mo.) |