HR 3987 · 102th Congress · Economics and Public Finance

American Industry Revitalization Act of 1991

Introduced 1991-11-26· Sponsored by Rep. Lipinski, William O. [D-IL-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Economic Stabilization.(1991-12-16)

Plain Language Summary

[AI summary unavailable — showing source text] American Industry Revitalization Act of 1991 - Establishes as an independent entity the National Industrial Revitalization Board to provide loans and loan guarantees to assist qualified business concerns in their expansion and modernization. Sets forth eligibility and assistance criteria (including loans and loan guarantees), and Board capitalization guidelines. Requires the Board to submit quarterly status reports to the Congress. Establishes a ten-year Board termination deadline. Authorizes appropriations.…

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