HR 16289 · 93th Congress · Armed Forces and National Security

A bill to amend title 38 of the United States Code in order to improve the business loan program for veterans and to make veterans who served after January 31, 1955, eligible for such program.

Introduced 1974-08-06· Sponsored by Rep. Vander Veen, Richard F. [D-MI-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Veterans' Affairs.(1974-08-06)

Plain Language Summary

[AI summary unavailable — showing source text] Increases from 50 to 75 percent that portion of business loans which may be guaranteed by the Federal Government through the Veterans Administration and which may be used by veterans for the acquisition, construction, or repair of business property. Establishes $30,000 as the maximum amount of guaranty available to a veteran under this program.…

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