HR 9610 · 118th Congress · Commerce

To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes.

Introduced 2024-09-16· Sponsored by Rep. Neguse, Joe [D-CO-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2024-09-16)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9610 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9610 To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 16, 2024 Mr. Neguse (for himself and Mr. Ciscomani) introduced the following bill; which was referred to the Committee on Small Business _______________________________________________________________________ A BILL To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. WAIVER OF INTEREST ACCRUAL AND PAYMENTS FOR CERTAIN DISASTER LOANS. Section 7(d) of the Small Business Act (15 U.S.C. 636(d)) is amended by adding at the end the following paragraph: ``(9) Waiver of interest accrual and payments.--With respect to a loan made under subsection (b) for disasters dec…

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

Cosponsors (1)

1 Republican