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United States · Bill · HR

H.R. 6391 (97th)

A bill to provide loans under the Small Business Act for the removal of urea-formaldehyde foam insulation from residences, to provide for certain tax expenditures relating to problems caused by such insulation, and for other purposes.

openUnited States· United States Congress· EN

Introduced

17 May 1982

Last action

4 August 1982 · Committee

Status

Subcommittee Hearings Held.

Sponsors

Rep. Conte, Silvio O. [R-MA-1], Rep. Dicks, Norman D. [D-WA-6], Rep. Edgar, Robert W. [D-PA-7], Rep. Frank, Barney [D-MA-4], Rep. Mavroules, Nicholas [D-MA-6], Rep. Minish, Joseph G. [D-NJ-11], Rep. Mitchell, Parren J. [D-MD-7], Rep. Molinari, Guy [R-NY-14], Rep. Scheuer, James H. [D-NY-11], Rep. Gingrich, Newt [R-GA-6], Rep. Rangel, Charles B. [D-NY-19], Rep. Ottinger, Richard L. [D-NY-24], Rep. Collins, Cardiss [D-IL-7], Rep. McDade, Joseph M. [R-PA-10], Rep. Downey, Thomas J. [D-NY-2], Rep. Heckler, Margaret M. [R-MA-10], Rep. Oberstar, James L. [D-MN-8], Sen. Gore, Albert, Jr. [D-TN]

Subjects

Discovery layer

Source updated

7 February 2024

Official sourceView documentsShare

Summary

Amends the Small Business Act to authorize the Small Business Administration (SBA) to make loans for the removal of urea-formaldehyde foam insulation from residences. Limits each such loan to a maximum of $10,000. Authorizes the SBA to make $10,000,000 in direct and immediate participation loans to manufacturers and installers of urea-formaldehyde foam insulation in each of FY 1983 and 1984. Provides that the dollar limitation with respect to the residential energy credit shall not be reduced by energy conservation expenditures by a taxpayer for urea-formaldehyde foam insulation. Allows a medical expense deduction for the costs associated with removal of urea-formaldehyde foam insulation from a taxpayer's residence.

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

Timeline

  1. 17 May 1982

    Introduced

    Referred to House Committee on Small Business.

    Source: IntroReferral

  2. 17 May 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 May 1982

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 2 June 1982

    Referred

    Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.

    Source: Committee

  5. 4 August 1982

    Committee

    Subcommittee Hearings Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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