A bill to amend the Small Business Act and the Consolidated Farm and Rural Development Act to provide for reduced interest rates on disaster loans under the Small Business Act.

referredUnited States· United States Congress· EN

Introduced

1 February 1977

Last action

—

Status

Referred to House Committee on Small Business.

Summary

Amends the Small Business Act and the Consolidated Farm and Rural Development Act to provide for reduced interest rates on disaster loans. Provides that the total amount of time the payment of principal and interest so deferred shall not exceed one year, and the interest on the balance of the loan shall be at a rate of five percent per annum.

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Documents

1 official file

Introduced in House
summary · EN · 1 February 1977
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/2842
Open data entity: https://api.congress.gov/v3/bill/95/hr/2842