Bill97th CongressFiled Oct 1, 1982Commerce
S. 3012
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.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Oct 1, 1982)
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.
What just happenedOct 1, 1982
Read twice and referred to the Committee on Small Business.
Who’s behind it
Sen. Sasser, Jim [D-TN](D-TN)Sponsor
1committees2related bills