United States · Bill · HR
H.R. 3042 (112th)
Disaster Loan Fairness Act of 2011
Introduced
23 September 2011
Last action
—
Status
Referred to the House Committee on Small Business.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Disaster Loan Fairness Act of 2011 - Requires that, when the President declares a major disaster, the interest rates for any loan programs or guarantees under the Small Business Act or Small Business Investment Act of 1958, including home disaster loans, business physical disaster loans, and economic injury disaster loans, shall be 1% for eligible applicants in the declared disaster area, with or without other available credit. Makes such rates applicable for the duration of all loans and guarantees made while the declaration is in effect.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 23 September 2011
Introduced in House (PDF)
Introduced in House · EN · 23 September 2011
Introduced in House
summary · EN · 23 September 2011
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/112th-congress/house-bill/3042
- Open data entity: https://api.congress.gov/v3/bill/112/hr/3042