HR 2132 · 98th Congress · Commerce
A bill to amend the Small Business Act and for other purposes.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Ordered to be Reported (Amended).(1983-05-10)
Plain Language Summary
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Amends the Small Business Act to increase the program levels for FY 1984 for: (1) direct and immediate participation loans for small business plant acquisition, construction, conversion, or expansion; (2) direct purchases of stock; (3) direct purchases and guarantees of debentures and purchases of preferred securities with respect to small business investment companies; (4) disaster loans; and (5) payment guarantees for the installation of pollution control facilities by small businesses. Decreases the program level for FY 1984 for deferred participation loans and debenture guarantees for small business plant acquisition, construction, conversion, or expansion and small business development companies. Decreases the funding for FY 1984 for surety bond guarantees under the Small Business Investment Act of 1958. Increases the funds available for FY 1984 for SBA salaries and expenses. Specifies the program levels authorized for FY 1985 for: (1) direct and immediate participation loans for small business plant acquisition, construction, conversion, or expansion; (2) deferred participation loans and debenture guarantees for small business plant acquisition, construction, conversion, or e…
Summarized by Claude AI · Non-partisan · For informational purposes only