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- H.R.7434
H.R.7434: To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.
About This Bill
- Introduced June 30, 2020
- Latest Major Action June 30, 2020
Bill Sponsor
Bill Cosponsors
5 (3 Democrats, 2 Republicans)
Bill Version
- Introduced in House - June 30, 2020
Bill Summary
This bill requires the Small Business Administration to establish the interest rate at 1% for any economic injury disaster loan made during the period beginning on January 31, 2020, and ending on December 31, 2020.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 30, 2020 |
Referred to the House Committee on Small Business.
|
| June 30, 2020 |
Introduced in the House by Thomas Suozzi (D-N.Y.) |