HR 4011 · 96th Congress · Commerce

White House Conference on Small Business Act

Introduced 1979-05-08· Sponsored by Rep. Smith, Neal Edward [D-IA-4]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Measure laid on table in House, S. 918 passed in lieu.(1979-05-22)

Recorded Votes

PassedHouse · 1979-05-22
Yea 398Nay 5
PassedHouse · 1979-05-22
Yea 398Nay 5

Plain Language Summary

[AI summary unavailable — showing source text] Title I: Authorizations and Miscellaneous Amendments - Amends the Small Business Act to authorize appropriations for specified programs and expenses of the Small Business Administration. States that all appropriations, whether specifically or generally authorized, shall remain available until expended. Authorizes the Administration to make disaster loans available to small business concerns affected by a shortage of energy-producing resources caused by a strike, boycott, or embargo unless such strike, boycott or embargo is directly against such small business concern. Makes specified low-interest loans available under the Small Business Act until October 1, 1982, for the relief of small business concerns affected by disasters occurring on or after October 1, 1978. Provides loans bearing interest at three percent for amounts not exceeding $55,000, for the repair or replacement of a principal residence or personal property. Makes the following disaster loans available under the Small Business Act and the Consolidated Farm and Rural Development Act: (1) loans bearing interest at three percent on amounts for the repair or replacement of property damaged or destroyed if the applicant is…

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

Cosponsors (20)

10 Democrats9 Republicans1 Independent