H.R. 7434 · 116th Congress
To require the Administrator of the Small Business Administration to establish the interest rate for economic…
Full title
To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SuozziSponsor5 cosponsors · 3 D, 2 R
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the Small Business Administration to establish the interest rate at 1% for any economic injury disaster loan made during the period beginning on January 31, 2020, and ending on December 31, 2020.
What it does: CRS summary · Introduced in House · Jun 30, 2020
This bill requires the Small Business Administration to establish the interest rate at 1% for any economic injury disaster loan made during the period beginning on January 31, 2020, and ending on December 31, 2020.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.
Latest action (Jun 30, 2020): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Jun 30, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.