HR 1085 · 102th Congress · Commerce

To provide disaster loan eligibility to small business concerns owned and controlled by members of reserve components of the Armed Forces.

Introduced 1991-02-21· Sponsored by Rep. Spratt, John M., Jr. [D-SC-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(1991-02-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Small Business Act to make small businesses owned and controlled by reservists in a period of active duty eligible for disaster loans if the Administrator of Small Business Administration determines that the applicant is unable to obtain credit elsewhere. Limits the amount of such loans.…

Summarized by Claude AI · Non-partisan · For informational purposes only