S 3096 · 93th Congress · Commerce

A bill to amend the Small Business Act to provide for loans to small business concerns affected by the energy shortage.

Introduced 1974-03-01· Sponsored by Sen. Cranston, Alan [D-CA]· Senate

Bill Progress

Introduced
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Measure indefinitely postponed in Senate, S. 3331 a related measure passed in lieu.(1974-08-07)

Plain Language Summary

[AI summary unavailable — showing source text] Provides loans under the Small Business Act to any small business concern seriously and adversely affected by a shortage of: (1) fuel; (2) electrical energy; (3) energy-producing resources; or (4) raw or processed materials resulting from such shortages. Requires that the Small Business Administration determine that a concern has suffered or is likely to suffer substantial economic injury prior to the making of such loans. (Amends 15 U.S.C. 636(6))…

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

Cosponsors (20)

14 Democrats6 Republicans