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United States · Bill · S

S. 1672 (93rd)

An original bill to amend the Small Business Act.

enactedUnited States· United States Congress· EN

Introduced

30 April 1973

Last action

Status

Motion to override veto failed of passage in Senate, roll call #417 (59-36).

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Increases, under the Small Business Act, the total amount of loan assistance which may be outstanding to: (1) $6,600,000,000 under specified sections of this Act and the Economic Opportunity Act; (2) $725,000,000 under title III of the Small Business Investment Act; (3) $600,000,000 under title IV of the Small Business Investment Act; and (4) $475,000,000 under specified sections of the Economic Opportunity Act. Includes, as the purpose of the Small Business Act, the making of loans to assist small businesses in effecting alterations or additions to plants to meet Federal or State law requirements, where such businesses are likely to suffer substantial economic injury without such assistance. (Amends 15 U.S.C. 633)

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Versions

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Documents

2 official files

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Sources

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