HR 3823 · 94th Congress · Commerce

A bill to provide financial assistance to persons whose small businesses are displaced by Federal and federally assisted programs so they may lease, rent, or buy replacement quarters.

Introduced 1975-02-27· Sponsored by Rep. Addabbo, Joseph P. [D-NY-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Small Business.(1975-02-27)

Plain Language Summary

[AI summary unavailable — showing source text] Requires that the heads of Federal agencies make payments to owners of small businesses who are displaced from their place of business as a result of Federal or federally assisted programs. States that such payment shall be the amount necessary, up to $4,000, to enable such displaced person to lease, rent, or make a downpayment on a decent, safe, and sanitary place of business. Stipulates that in the case of a downpayment exceeding $2,000, the displaced person must equally match any amount over $2,000 in making the payment.…

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

Cosponsors (20)

17 Democrats3 Republicans