H.R. 1988 · 110th Congress
To establish the Gulf Coast Disaster Loan Refinancing 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.
Authorizes the Administrator of the Small Business Administration (SBA) to carry out a program to refinance Gulf Coast disaster loans (loans made by the SBA to Gulf Coast small businesses in response to Hurricanes Katrina, Wilma, or Rita) under which the Administrator may provide an option to defer loan repayment for up to four years after the initial…
What it does: CRS summary · Introduced in House · Apr 20, 2007
Authorizes the Administrator of the Small Business Administration (SBA) to carry out a program to refinance Gulf Coast disaster loans (loans made by the SBA to Gulf Coast small businesses in response to Hurricanes Katrina, Wilma, or Rita) under which the Administrator may provide an option to defer loan repayment for up to four years after the initial disbursement under the original loan was made. Requires the Administrator to disclose the accrued interest that must be paid under the option.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To establish the Gulf Coast Disaster Loan Refinancing Program.
Latest action (Apr 20, 2007): Referred to the House Committee on Small Business.
Policy area: Emergency Management · Origin: House · Introduced: Apr 20, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.