To amend the Small Business Investment Act of 1958 to permit prepayment of debentures issued by State and local development companies.

Summary

Amends the Small Business Investment Act of 1958 to permit a qualified State or local development company that issues a debenture purchased by the Federal Financing Bank and guaranteed by the Small Business Administration, at the election of the small business borrower whose loan secures such debenture and with the Administration's approval, to repay the debenture by payment to the Bank of the unpaid principal balance, accrued interest, and repurchase premium amount (as determined under this Act). Prohibits any fees or penalties from being imposed against the issuer, borrower, or the Administration as a condition of prepayment under this Act. Authorizes appropriations.

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Timeline

1. 25 April 1994

   Introduced

   Referred to the House Committee on Small Business.

   Source: IntroReferral

2. 25 April 1994

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 April 1994

   Introduced

   Introduced in House

   Source: IntroReferral

4. 4 May 1994

   Committee

   Committee Hearings Held.

   Source: Committee

5. 11 May 1994

   Committee

   Committee Hearings Held.

   Source: Committee

6. 17 May 1994

   Committee

   Committee Hearings Held.

   Source: Committee

7. 18 May 1994

   Committee

   Committee Hearings Held.

   Source: Committee

8. 25 May 1994

   Committee

   Committee Hearings Held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 April 1994 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 April 1994

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 April 1994

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 25 April 1994

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. LaFalce, John J. [D-NY-29] · D · Sponsor
• Rep. Mazzoli, Romano L. [D-KY-3] · D · Cosponsor
• · hssm00 · Standing

Related records

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