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- S.1758
S.1758: A bill to amend the Indian Financing Act of 1974, to provide for sale and assignment of loans and underlying security, and for other purposes.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about economics and public finance
- Introduced Sept. 22, 2005
- Latest Major Action Sept. 26, 2005
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Indian Financing Act of 1974 with respect to loan guaranty and insurance to: (1) authorize the Secretary of the Interior to guarantee or insure loans to both for-profit and nonprofit borrowers; and (2) allow all or any portion of a guaranteed or insured loan, including its security, to be transferred by the lender by sale or assignment to any person, and be retransferred by the transferee. Allows a fiscal transfer agent to be...
(Source: Library of Congress)
Bill Actions
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Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.
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Received in the House.
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Message on Senate action sent to the House.
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Referred to the House Committee on Resources.
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| Sept. 22, 2005 |
Introduced in the Senate by John McCain (R-Ariz.) |