United States · Bill · S
S. 737 (103rd)
A bill to amend the Small Business Investment Act of 1958 to permit prepayment of debentures issued by State and local development companies.
Introduced
1 April 1993
Last action
—
Status
Committee on Small Business. Hearings held.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Small Business Investment Act of 1958 to permit a qualified State or local development company that issues a debenture purchased by the Federal Financing Bank and guaranteed by the Small Business Administration, at the election of the small business borrower whose loan secures such debenture, to prepay the debenture by payment to the Bank of the unpaid principal balance, accrued interest, and repurchase premium amount (as determined under this Act). Prohibits any fees or penalties from being imposed against the issuer, borrower, or the Administration as a condition of prepayment under this Act.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 1 April 1993
Introduced in Senate (PDF)
Introduced in Senate · EN · 1 April 1993
Introduced in Senate
summary · EN · 1 April 1993
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/103rd-congress/senate-bill/737
- Open data entity: https://api.congress.gov/v3/bill/103/s/737