HR 1822 · 106th Congress · Commerce

Emergency Steel Loan Guarantee Program

Introduced 1999-05-14· Sponsored by Rep. Regula, Ralph [R-OH-16]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Domestic and International Monetary Policy.(1999-05-28)

Plain Language Summary

[AI summary unavailable — showing source text] Emergency Steel Loan Guarantee Program - Establishes the Emergency Steel Loan Guarantee Program, and the Loan Guarantee Board to administer it, composed of the Secretaries of Commerce, the Treasury, and Labor. Authorizes such Program to guarantee loans by private banking and investment institutions to qualified steel companies, in accordance with Board-established procedures. Sets forth loan guarantee parameters. Authorizes appropriations. Treats an iron ore company as a qualified steel company for purposes of the Program.…

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

Cosponsors (3)

3 Republicans
Rep. Ney, Robert W. [R-OH-18]OH
Rep. Callahan, Sonny [R-AL-1]AL
Rep. Aderholt, Robert B. [R-AL-4]AL