H.R.660: Small Business Credit Availability Act of 1993

About This Bill

  • This bill was introduced in the 103rd Congress
  • This bill is primarily about finance and financial sector
  • Introduced Jan. 27, 1993
  • Latest Major Action April 26, 1993

Bill Summary

Small Business Credit Availability Act of 1993 - Establishes the Venture Enhancement and Loan Development Administration for Smaller Undercapitalized Enterprises (Velda Sue) as a Federal instrumentality to: (1) develop uniform underwriting, security appraisal, and repayment standards for qualified loans; (2) determine the eligibility of certified poolers to contract with Velda Sue for specific mortgage pool guarantees; and (3) provide timely...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Small Business.
Committee Hearings Held.
Sponsor introductory remarks on measure.
Jan. 27, 1993

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

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