S 3776 · 94th Congress · Emergency Management

A bill to amend the Disaster Relief Act of 1974.

Introduced 1976-08-27· Sponsored by Sen. Mathias, Charles McC., Jr. [R-MD]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Public Works.(1976-08-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Disaster Relief Act of 1974 to provide that the Administrator of the Small Business Administration or the Secretary of Agriculture shall cancel the outstanding principal, not in excess of $2,500, of any loan made with respect to a disaster occurring on or after September 24, 1975, but prior to September 27, 1975. Sets the interest rate at three percent per annum on any unpaid and uncanceled balance of such loan.…

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