HR 3304 · 98th Congress · Commerce

A bill to amend the Small Business Act with respect to disaster loan programs.

Introduced 1983-06-14· Sponsored by Rep. Marriott, David Daniel [R-UT-2]· House

Bill Progress

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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.(1983-06-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Small Business Act to specify the maximum interest rate on disaster loans made by the Small Business Administration (SBA) to homeowners or small businesses for disasters commencing on or after April 1, 1983. Prohibits the SBA from imposing a cap of less than $100,000 for real property and less than $25,000 for personal property on loans made to individuals.…

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