H.R.974: To amend title 10, United States Code, to restore the Department of Defense loan guarantee program for small and medium-sized business concerns that are economically dependent on defense expenditures.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about law
  • Introduced March 6, 1997
  • Latest Major Action April 14, 1997

Bill Cosponsors

3 (2 Democrats, 2 Republicans)

Bill Summary

Authorizes the Secretary of Defense to support through the provision of loan guarantees programs sponsored by the Federal Government, regional entities, State and local governments, private entities, and nonprofit organizations that assist small and medium-sized businesses that are economically dependent on defense expenditures to acquire dual-use (military and commercial) capabilities. Provides for the transfer of such loan guarantee...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on National Security.
Executive Comment Requested from DOD.
March 6, 1997

Introduced in the House by Michael P. Forbes (D-N.Y.)

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