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United States · Bill · S

S. 3012 (97th)

A bill to amend the Small Business Act to reduce the interest rate payable on the Federal share of certain disaster loans made under such Act.

referredUnited States· United States Congress· EN

Introduced

1 October 1982

Last action

Status

Read twice and referred to the Committee on Small Business.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Small Business Act to reduce from eight percent to five percent the maximum interest rate on Small Business Administration disaster loans to homeowners and businesses unable to obtain credit elsewhere.

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Versions

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Documents

1 official file

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Sources

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