HR 3044 · 104th Congress · Commerce

Parks and Refuges Small Business Fairness Act of 1996

Introduced 1996-03-07· Sponsored by Rep. Goss, Porter J. [R-FL-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(1996-03-07)

Plain Language Summary

[AI summary unavailable — showing source text] Parks and Refuges Small Business Fairness Act of 1996 - Amends the Small Business Act to authorize the provision of disaster assistance loans under such Act to assist any small business that: (1) has a concessions contract or incidental business license to operate within a unit of the National Park System or Wildlife Refuge System; and (2) has suffered substantial economic injury as a result of a partial Federal Government shutdown during the period beginning December 15, 1995, and ending January 5, 1996. Prohibits such loans if the applicant can obtain credit elsewhere. Limits each loan to $100,000. Authorizes the Small Business Administration to permit deferral of principal and interest payments on such loans for a one-year period. Prohibits the loan interest rate from exceeding four percent.…

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