H.R. 1446 · 110th Congress
To amend the Small Business Act to allow an increased deferment period for loans under the 7(b) loan program.
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
JindalSponsorNo cosponsors.
Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA), in making disaster loans to small businesses, to provide an option to defer repayment on such loans for a period of up to four years.
What it does: CRS summary · Introduced in House · Mar 9, 2007
Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA), in making disaster loans to small businesses, to provide an option to defer repayment on such loans for a period of up to four years.
Applies such authority retroactively to any SBA disaster loan that was made: (1) in response to Hurricanes Katrina or Rita; and (2) for a small business located in a county or parish designated by the Administrator as a disaster area by reason of either such hurricane.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Small Business Act to allow an increased deferment period for loans under the 7(b) loan program.
Latest action (Mar 9, 2007): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Mar 9, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.