HR 13445 · 93th Congress · Environmental Protection

Business Pollution Abatement Loan Assistance and Workers Readjustment Assistance Act

Introduced 1974-03-13· Sponsored by Rep. Brown, George E., Jr. [D-CA-38]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking and Currency.(1974-03-13)

Plain Language Summary

[AI summary unavailable — showing source text] Business Pollution Abatement Loan Assistance and Worker's Readjustment Assistance Act - Title I: Assistance to Businesses - Authorizes the Secretary of Labor to make planning grants to a business firm or to a group of employees of a business firm not to exceed $100,000 or 100 percent of the cost of preparing a plan for pollution abatement. Authorizes the Secretary to make loans to business firms not to exceed $500,000 or 100 percent of the cost of meeting the requirements of State or Federal laws, rules, or regulations relating to pollution abatement, whichever is less. Requires a pollution abatement plan to include a summary of the requirements of State or Federal laws, rules, or regulations, relating to pollution abatement with which such business firm must comply; proposals for meeting such requirements; and the estimated costs of meeting such requirements. Provides for loans not to exceed $500,000 for the initial capital cost to businesses of tying into municipal waste treatment facilities. Authorizes to be appropriated such sums not to exceed $4,000,000,000 as may be necessary to carry out this title. Title II: Assistance to Workers - Provides readjustment allowances to worker…

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