HR 7583 · 95th Congress · Interest rates

A bill to extend the inapplicability of State usury ceilings to certain obligations issued to small businesses, agricultural entities, and other concerns by member banks and their affiliates.

Introduced 1977-06-02· Sponsored by Rep. LaFalce, John J. [D-NY-36]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-06-02)

Plain Language Summary

[AI summary unavailable — showing source text] Extends until 1980 the inapplicability of State usury ceilings to certain obligations issued to small businesses, agricultural entitles, and other concerns by Federal Reserve member banks and their affiliates.…

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