HR 6463 · 94th Congress · Loans

A bill to amend the Small Business Act to impose a moratorium on the repayment of principal and interest on certain loans made by the Small Business Administration for a period of 2 years or until such time as the President determines that the United States is no longer in a period of economic recession.

Introduced 1975-04-29· Sponsored by Rep. Mitchell, Parren J. [D-MD-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Small Business.(1975-04-29)

Plain Language Summary

[AI summary unavailable — showing source text] Imposes, under the Small Business Act, a moratorium on the repayment of principal and interest on specified loans made by the Small Business Administration for a period of two years or until such time as the President determines that the United States is no longer in a period of economic recession.…

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