HR 3853 · 103th Congress · Economics and Public Finance
Economic Revitalization Act of 1994
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Economic Growth and Credit Formation.(1994-03-02)
Plain Language Summary
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Economic Revitalization Act of 1994 - Amends Federal law to set forth conditions under which the Secretary of the Treasury may: (1) participate in and guarantee loans made by certain participating financial institutions to specified sound business enterprises ("qualified loans"); and (2) issue securities backed by a pool of qualified loans acquired by the Secretary for such purpose.…
Summarized by Claude AI · Non-partisan · For informational purposes only