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United States · Bill · S

S. 570 (95th)

A bill to amend the Disaster Relief Act of 1974.

referredUnited States· United States Congress· EN

Introduced

1 February 1977

Last action

Status

Referred jointly to Senate Committee on Environment and Public Works.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Disaster Relief Act of 1974 to provide disaster victims, with respect to disasters occurring on or after April 20, 1973, with two options for loan repayment of borrowed funds under certain provisions of the Small Business Act or the Consolidated Farm and Rural Development Act: (1) a three percent interest rate with up to $2,500 forgiveness on the loan; or (2) a one percent interest rate with no loan forgiveness clause.

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Documents

1 official file

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Sources

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