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United States · Bill · HR

H.R. 4586 (107th)

Brownfields Use Invigoration Land Development Act

referredUnited States· United States Congress· EN

Introduced

24 April 2002

Last action

24 April 2002 · Introduced

Status

Referred to the House Committee on Small Business.

Sponsors

Rep. Velázquez, Nydia M. [D-NY-7], Rep. Owens, Major R. [D-NY-11], Rep. Frost, Martin [D-TX-24], Rep. Rodriguez, Ciro D. [D-TX-28], Rep. Kildee, Dale E. [D-MI-5], Rep. Carson, Julia [D-IN-7], Rep. Bonior, David E. [D-MI-10]

Subjects

Discovery layer

Source updated

19 August 2025

Summary

Brownfields Use Invigoration Land Development Act - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to make grants to a small business, a local organization that represents small businesses, or a local redevelopment agency chartered, established, or otherwise sanctioned by a State or local government to participate in the redevelopment of remediated sites (real property with respect to which requirements under Federal or State law for the remediation of hazardous substances, pollutants, and contaminants have been completed). Sets a maximum per-grant limit of $200,000. Increases to 90 percent of the amount of the outstanding financing the level of SBA participation in guaranteed loans made to small businesses on a deferred basis for small businesses located or locating on a remedial site. Amends the Small Business Investment Act of 1958 to: (1) authorize the SBA to provide assistance to State development companies for projects for the redevelopment of remediated sites; and (2) exempt from current outstanding leverage limits small business investment company investments in remediated sites.

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

Timeline

  1. 24 April 2002

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 24 April 2002

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 24 April 2002

    Introduced

    Introduced in House

    Source: IntroReferral

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 · 24 April 2002

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 24 April 2002

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 24 April 2002

    Open at official source

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Sponsors

Related records

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Sources

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