legislation: 100-hr-4161

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
100-hr-4161 100 hr 4161 A bill to re-establish the authority of the Small Business Administration to make disaster assistance loans in the case of economic injury resulting from currency devaluation. Commerce 1988-03-16 1988-05-20 Referred to Subcommittee on SBA, and the General Economy. House Rep. Coleman, Ronald D. [D-TX-16] TX D C000621 5 Amends the Small Business Act to authorize the Small Business Administration (SBA) to make direct low interest (maximum four percent) disaster loans of up to $100,000 to assist certain small businesses or to refinance all or part of their existing indebtedness. Permits loans only to businesses: (1) located in areas of economic dislocation resulting from extreme fluctuation in the value of the currency of Canada or Mexico and concomitant adjustments in the regulation of the respective monetary system; and (2) unable to obtain credit elsewhere but able to demonstrate the ability to repay the loan. Requires the SBA to report to specified congressional committees on the extent and effectiveness of the loan program. 2024-02-07T15:46:26Z  

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