HR 5414 · 100th Congress · Commerce
A bill to amend the Small Business Act to lower the interest rate on disaster loans made to small agricultural cooperatives.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Small Business.(1988-09-28)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Small Business Act to apply the same interest rate ceilings in connection with disaster loans to both small business concerns and small agricultural cooperatives unable to obtain credit elsewhere (thus lowering the current interest rate on disaster loans to such cooperatives).…
Summarized by Claude AI · Non-partisan · For informational purposes only