HR 7402 · 97th Congress · Commerce
A bill to clarify the eligibility of small agricultural cooperatives for assistance under section 7(b)(2) of the Small Business Act.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.(1982-12-13)
Plain Language Summary
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Amends the Small Business Act to define "small agricultural cooperative", for purposes of eligibility for disaster loans under such Act, as an association: (1) acting pursuant to the Agriculture Marketing Act; (2) whose receipts do not exceed the size standard established for other agricultural small business concerns; and (3) whose board members or governing members each qualify as a small business concern.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (16)
10 Democrats6 Republicans