HR 12201 · 94th Congress · Commerce

A bill to amend the Small Business Act to provide that determinations by the administration of the reasonable assurance of repayment of prospective loans be made on a case-by-case basis and to clarify the eligibility of small business homebuilding firms for assistance under the Small Business Act.

Introduced 1976-03-01· Sponsored by Rep. Whalen, Charles W., Jr. [R-OH-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Small Business.(1976-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Small Business Act to revise the eligibility requirements for small business home-building firms for assistance under the Act. Stipulates that determinations by the Small Business Administration of the reasonable assurance of repayment of prospective loans shall be made on a case- by-case basis.…

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