HR 13445 · 93th Congress · Environmental Protection
Business Pollution Abatement Loan Assistance and Workers Readjustment Assistance Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking and Currency.(1974-03-13)
Plain Language Summary
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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