United States · Bill · HR
H.R. 3423 (97th)
Veterans Training and Business Loan Act of 1981
Introduced
5 May 1981
Last action
3 November 1981 · Committee
Status
For Further Action See H.R.3499.
Sponsors
Rep. Edgar, Robert W. [D-PA-7], Rep. Montgomery, G. V. (Sonny) [D-MS-3], Rep. Hammerschmidt, John P. [R-AR-3], Sen. Daschle, Thomas A. [D-SD], Rep. Bonior, David E. [D-MI-10], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Hall, Sam B., Jr. [D-TX-1], Rep. Edwards, Don [D-CA-10], Rep. Danielson, George E. [D-CA-30], Rep. Mottl, Ronald M. [D-OH-23], Rep. Applegate, Douglas [D-OH-18], Rep. Leath, Marvin [D-TX-11], Rep. Boner, William H. [D-TN-5], Sen. Shelby, Richard C. [R-AL], Rep. Mica, Daniel Andrew [D-FL-14], Sen. Gramm, Phil [R-TX], Sen. Dorgan, Byron L. [D-ND], Del. Won Pat, Antonio B. [D-GU-At Large], Rep. Heckler, Margaret M. [R-MA-10], Rep. Wylie, Chalmers P. [R-OH-15], Rep. Hillis, Elwood H. [R-IN-5], Rep. Sawyer, Harold S. [R-MI-5], Rep. Solomon, Gerald B. H. [R-NY-22], Rep. Jeffries, Jim [R-KS-2], Rep. McEwen, Bob [R-OH-6], Rep. Dunn, Jim [R-MI-6], Rep. Smith, Christopher H. [R-NJ-4], Rep. Smith, Albert L., Jr. [R-AL-6], Rep. Siljander, Mark D. [R-MI-4]
Subjects
Defence
Source updated
29 August 2025
Summary
Veterans' Training and Business Loan Act of 1981 - Title I: Vocational Training - Authorizes, without delimiting period, educational assistance for Vietnam-era veterans determined to be in need of vocational training. Title II: Small Business Loans - Veterans' Business Loan Act of 1981 - Permits the Administrator of Veterans' Affairs to provide financial assistance to a small business concern which is at least 51 percent owned by veterans of the Vietnam era or disabled veterans. Authorizes such assistance, in the form of loan guaranties or direct loans, for financing plant construction or expansion, the acquisition of equipment or supplies, or supplying the concern with working capital. Sets forth restrictions and the liability of the Administrator in the provision of such assistance. Requires each individual with an ownership interest in such a veterans' small business concern to execute a document evidencing the loan and makes such individual jointly and severally liable to the Administrator for any amount paid by the Administrator on such loan. Requires the approval of the Administrator before the closing of the loan. Limits the terms of such loans to ten years, except for construction and certain other related loans. Grants special consideration to veterans with service-connected disabilities. Establishes in the Treasury the Veterans' Administration Business Loan Revolving Fund. Directs the Administrator to transfer any surplus funds into the general fund. Sets forth the powers of the Administrator for the administration of this program. Prohibits the commitment of assistance after September 30, 1991. Makes technical amendments. Authorizes appropriations for fiscal year 1982 to assist the Administrator in the establishment of the business loan program. Title III: Miscellaneous Amendments - Extends veterans' readjustment appointments in the civil service program through September 30, 1983.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 May 1981
Committee
For Previous Action See H.R.2391.
Source: Committee
5 May 1981
Introduced
Referred to House Committee on Veterans' Affairs.
Source: IntroReferral
5 May 1981
Introduced
Introduced in House
Source: IntroReferral
5 May 1981
Introduced
Introduced in House
Source: IntroReferral
7 May 1981
Committee
Forwarded by Subcommittee to Full Committee.
Source: Committee
7 May 1981
Committee
Subcommittee Consideration and Mark-up Session Held.
Source: Committee
7 May 1981
Referred
Referred to Subcommittee on Education, Training and Employment.
Source: Committee
12 May 1981
Reported
Ordered to be Reported.
Source: Committee
12 May 1981
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
19 May 1981
Calendars
Placed on Union Calendar No: 61.
Source: Calendars
19 May 1981
Reported
Reported to House (Amended) by House Committee on Veterans' Affairs. Report No: 97-78.
Source: Committee
19 May 1981
Reported
Reported to House (Amended) by House Committee on Veterans' Affairs. Report No: 97-78.
Source: Committee
1 June 1981
Floor
Called up by House by Unanimous Consent.
Source: Floor
2 June 1981
Vote
Passed House (Amended) by Yea-Nay Vote: 352 - 41 (Record Vote No: 58).
Source: Floor
2 June 1981
Vote
Passed/agreed to in House: Passed House (Amended) by Yea-Nay Vote: 352 - 41 (Record Vote No: 58).
Source: Floor
3 June 1981
Introduced
Received in the Senate, read twice, and referred to the Committee on Veterans.
Source: IntroReferral
3 November 1981
Committee
For Further Action See H.R.3499.
Source: Committee
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
3 official files
Leesvertaling
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Passed House amended
summary · EN · 2 June 1981
Reported to House with amendment(s)
summary · EN · 19 May 1981
Leesvertaling
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Introduced in House
summary · EN · 5 May 1981
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Edgar, Robert W. [D-PA-7] · D · Sponsor
- Rep. Montgomery, G. V. (Sonny) [D-MS-3] · D · Sponsor
- Rep. Hammerschmidt, John P. [R-AR-3] · R · Sponsor
- Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
- Rep. Bonior, David E. [D-MI-10] · D · Cosponsor
- Rep. Coelho, Anthony Lee [D-CA-15] · D · Cosponsor
- Rep. Hall, Sam B., Jr. [D-TX-1] · D · Cosponsor
- Rep. Edwards, Don [D-CA-10] · D · Cosponsor
- Rep. Danielson, George E. [D-CA-30] · D · Cosponsor
- Rep. Mottl, Ronald M. [D-OH-23] · D · Cosponsor
- Rep. Applegate, Douglas [D-OH-18] · D · Cosponsor
- Rep. Leath, Marvin [D-TX-11] · D · Cosponsor
- Rep. Boner, William H. [D-TN-5] · D · Cosponsor
- Sen. Shelby, Richard C. [R-AL] · D · Cosponsor
- Rep. Mica, Daniel Andrew [D-FL-14] · D · Cosponsor
- Sen. Gramm, Phil [R-TX] · D · Cosponsor
- Sen. Dorgan, Byron L. [D-ND] · D · Cosponsor
- Del. Won Pat, Antonio B. [D-GU-At Large] · D · Cosponsor
- Rep. Heckler, Margaret M. [R-MA-10] · R · Cosponsor
- Rep. Wylie, Chalmers P. [R-OH-15] · R · Cosponsor
- Rep. Hillis, Elwood H. [R-IN-5] · R · Cosponsor
- Rep. Sawyer, Harold S. [R-MI-5] · R · Cosponsor
- Rep. Solomon, Gerald B. H. [R-NY-22] · R · Cosponsor
- Rep. Jeffries, Jim [R-KS-2] · R · Cosponsor
- Rep. McEwen, Bob [R-OH-6] · R · Cosponsor
- Rep. Dunn, Jim [R-MI-6] · R · Cosponsor
- Rep. Smith, Christopher H. [R-NJ-4] · R · Cosponsor
- Rep. Smith, Albert L., Jr. [R-AL-6] · R · Cosponsor
- Rep. Siljander, Mark D. [R-MI-4] · R · Cosponsor
- · ssva00 · Standing
- · hsvr00 · Standing
Related records
- related to → A bill to amend title 38, United States Code, to extend for two years the period of eligibility for veterans readjustment appointments in the civil service for veterans of the Vietnam era.
- related to → Veterans Business Loan Act of 1981
- related to → A bill to amend title 38, United States Code, to provide education and training opportunities for certain Vietnam-era veterans to assist those veterans in gaining employment.
- related to ← Veterans' Health Care, Training, and Small Business Loan Act of 1981
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/97th-congress/house-bill/3423
- Open data entity: https://api.congress.gov/v3/bill/97/hr/3423
- us · 97-hr-3423 · source updated 29 August 2025