H.R.4298: To amend the Small Business Investment Act of 1958 to permit prepayment of debentures issued by State and local development companies.

About This Bill

  • This bill was introduced in the 103rd Congress
  • This bill is primarily about finance and financial sector
  • Introduced April 25, 1994
  • Latest Major Action May 25, 1994

Bill Summary

Amends the Small Business Investment Act of 1958 to permit a qualified State or local development company that issues a debenture purchased by the Federal Financing Bank and guaranteed by the Small Business Administration, at the election of the small business borrower whose loan secures such debenture and with the Administration's approval, to repay the debenture by payment to the Bank of the unpaid principal balance, accrued interest, and...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Small Business.
Committee Hearings Held.
Committee Hearings Held.
Committee Hearings Held.
Committee Hearings Held.
Committee Hearings Held.
April 25, 1994

Introduced in the House by John J. LaFalce (D-N.Y.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page