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S. 628

A bill to amend Section 18(a) of the Small Business Act.

Amends the Small Business Act to make an agricultural enterprise ineligible for disaster loan assistance unless it is declined for emergency loan assistance at substantially similar interest rates from the Farmers Home Administration pursuant to the Consolidated Farm and Rural Development Act. (Currently, agricultural enterprises are ineligible for such assistance under such conditions any time prior to October 1, 1983.)

Committee on Small Business. Ordered to be reported without amendment favorably.

Sen. Weicker, Lowell P., Jr. [R-CT](R-CT)Sponsor
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