HR 6346 · 116th Congress · Commerce
To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Small Business.(2020-03-23)
Plain Language Summary
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This bill sets the interest rate on a disaster loan issued by the Small Business Administration at the lesser of the interest rate that is (1) otherwise chargeable under the economic injury disaster loan program, or (2) payable on the most-recently issued U.S. ten-year Treasury note.…
Summarized by Claude AI · Non-partisan · For informational purposes only