HR 5527 · 95th Congress · Commerce

A bill to amend the Small Business Act to reduce the rate of interest on certain disaster-related loans under such act.

Introduced 1977-03-23· Sponsored by Rep. Johnson, James P. (Jim) [R-CO-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Small Business.(1977-03-23)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Small Business Act to reduce to three percent per annum the interest rate on the Small Business Administration's share of any loan made necessary because of a major disaster.…

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