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- S.1884
S.1884: A bill to amend the Emergency Steel Loan Guarantee Act of 1999 to revise eligibility and other requirements for loan guarantees under that Act, and for other purposes.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about economics and public finance
- Introduced Dec. 20, 2001
- Latest Major Action Dec. 20, 2001
Bill Sponsor
Bill Cosponsors
6 (4 Democrats, 3 Republicans)
Bill Summary
Amends the Emergency Steel Loan Guarantee Act of 1999 to extend the definition of a steel company qualified for a loan guarantee to include one that has placed on hot idle status any steel mill facilities used in steel production or manufacture.Increases the individual guarantee limit under the loan guarantee program.Requires the Loan Guarantee Board to utilize a form of unconditional and unqualified guarantee that U.S. commercial banks would...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Appropriations.
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| Dec. 20, 2001 |
Introduced in the Senate by Paul D. Wellstone (D-Minn.) |