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- H.R.966
H.R.966: 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 110th Congress
- This bill is primarily about economics and public finance
- Introduced Feb. 8, 2007
- Latest Major Action Feb. 8, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
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
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Natural Resources.
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| Feb. 8, 2007 |
Introduced in the House by Mark Udall (D-Colo.) |