HR 3020 · 98th Congress · Commerce
A bill to amend the Small Business Act, and for other purposes.
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Other Measure S.1323 (Amended) Passed House in Lieu.(1984-03-15)
Recorded Votes
PassedHouse · 1984-03-15
Yea 386Nay 11
PassedHouse · 1984-03-15
Yea 386Nay 11
Plain Language Summary
[AI summary unavailable — showing source text]
Title I: Small Business Administration Authorizations - Amends the Small Business Act and Small Business Investment Act of 1958 to increase the program levels for FY 1984 for direct and immediate participation loans for small business plant acquisition, construction, conversion, or expansion. Authorizes funds to the Small Business Administration (SBA) to provide direct and immediate participation loans to Vietnam veterans. Increases funds for direct and immediate participation loans to small businesses either located in urban or rural areas with high unemployment and low incomes or owned by low-income individuals. Decreases program levels for FY 1984 for deferred participation loans and debenture guarantees for small business plant acquisition, construction, conversion, or expansion and for small business development companies. Decreases the funds available for deferred participation loans to small businesses which design, manufacture, and distribute energy measures. Increases authorizations for FY 1984 for: (1) direct purchases of debentures and preferred securities by the SBA with respect to small business investment companies; and (2) surety bond guarantees by the SBA. Authorize…
Summarized by Claude AI · Non-partisan · For informational purposes only