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United States · Bill · S

S. 2876 (97th)

Small Business Administration State Development Company Program Amendments of 1982

referredUnited States· United States Congress· EN

Introduced

20 August 1982

Last action

Status

Read twice and referred to the Committee on Small Business.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Small Business Administration State Development Company Program Amendments of 1982 - Amends the Small Business Investment Act of 1958 to authorize the Small Business Administration (SBA) to purchase or guarantee debentures issued by State development companies. Makes such debentures subordinate to the other debts and obligations of such companies unless the SBA determines otherwise. Requires that the proceeds of such financing be used solely to assist identifiable small businesses for sound business purposes.

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Documents

1 official file

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