H.R. 3042 · 112th Congress
Disaster Loan Fairness Act of 2011
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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BarlettaSponsor26 cosponsors · 9 D, 17 R
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Fitzpatrick
TH
D
Holden
MK
R
Kelly
TM
R
Marino
JP
R
Pitts
TP
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Platts
PW
D
Welch
DY
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Young
MG
R
Grimm
GT
R
Thompson
PT
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Tonko
RB
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Bartlett
WO
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Owens
BS
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Shuster
JG
R
Gerlach
MH
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Hinchey
MC
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Critz
RH
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Hall
PM
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Meehan
DR
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Rivera
FW
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Wilson
DH
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Hunter
BS
R
Schilling
RE
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Ellmers
JC
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Chu
JH
D
Hahn8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Disaster Loan Fairness Act of 2011 - Requires that, when the President declares a major disaster, the interest rates for any loan programs or guarantees under the Small Business Act or Small Business Investment Act of 1958, including home disaster loans, business physical disaster loans, and economic injury disaster loans, shall be 1% for eligible…
What it does: CRS summary · Introduced in House · Sep 23, 2011
Disaster Loan Fairness Act of 2011 - Requires that, when the President declares a major disaster, the interest rates for any loan programs or guarantees under the Small Business Act or Small Business Investment Act of 1958, including home disaster loans, business physical disaster loans, and economic injury disaster loans, shall be 1% for eligible applicants in the declared disaster area, with or without other available credit.
Makes such rates applicable for the duration of all loans and guarantees made while the declaration is in effect.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Disaster Loan Fairness Act of 2011
Latest action (Sep 23, 2011): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Sep 23, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.