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United States · Bill · HR

H.R. 2742 (103rd)

To amend the Small Business Act to reduce the interest rates on disaster loans provided by the Small Business Administration for losses resulting from flooding in Midwest communities participating in the national flood insurance program.

referredUnited States· United States Congress· EN

Introduced

26 July 1993

Last action

29 July 1993 · Referred

Status

Referred to the Subcommittee on SBA Legislation and the General Economy.

Sponsors

Rep. Wheat, Alan [D-MO-5], Rep. Danner, Pat [D-MO-6], Rep. Volkmer, Harold L. [D-MO-9], Rep. Clay, William (Bill) [D-MO-1], Rep. Emerson, Bill [R-MO-8], Rep. Skelton, Ike [D-MO-4], Rep. Gephardt, Richard A. [D-MO-3], Rep. Hancock, Mel [R-MO-7], Sen. Talent, Jim [R-MO], Sen. Durbin, Richard J. [D-IL], Rep. Costello, Jerry F. [D-IL-12], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Evans, Lane [D-IL-17], Rep. Reynolds, Mel [D-IL-2], Rep. Crane, Philip M. [R-IL-8], Rep. Natcher, William H. [D-KY-2], Rep. Minge, David [D-MN-2], Rep. Poshard, Glenn [D-IL-22], Rep. Ewing, Thomas W. [R-IL-15], Rep. Vucanovich, Barbara F. [R-NV-2], Rep. Moakley, John Joseph [D-MA-9], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Rush, Bobby L. [D-IL-1], Rep. Bonior, David E. [D-MI-10], Rep. Scott, Robert C. "Bobby" [D-VA-3], Rep. Smith, Christopher H. [R-NJ-4]

Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Small Business Act to reduce to one percent per year (currently, varying rates of up to eight percent) the interest rate on the Federal share of disaster loans provided by the Small Business Administration to homeowners and businesses (including agricultural cooperatives) unable to obtain credit elsewhere for losses resulting from flooding in Midwest communities between June 1, 1993, and May 31, 1994, as long as such communities are participants in the national flood insurance program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 26 July 1993

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 26 July 1993

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 July 1993

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 29 July 1993

    Referred

    Referred to the Subcommittee on SBA Legislation and the General Economy.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 26 July 1993

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 26 July 1993

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 26 July 1993

    Open at official source

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Sponsors

Related records

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Sources

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