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.

Introduced 1982-12-09· Sponsored by Rep. Stenholm, Charles W. [D-TX-17]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.(1982-12-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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