H.R. 7467 · 116th Congress
Revolving Loan Fund Flexibility Act of 2020
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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.
No cosponsors.
This bill authorizes a grantee that provides revolving loans using funds from a Department of Commerce economic development grant to transfer funds repaid from such a loan to another eligible project, subject to various requirements.
What it does: CRS summary · Introduced in House · Jul 1, 2020
Revolving Loan Fund Flexibility Act of 2020
This bill authorizes a grantee that provides revolving loans using funds from a Department of Commerce economic development grant to transfer funds repaid from such a loan to another eligible project, subject to various requirements.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Revolving Loan Fund Flexibility Act of 2020
Latest action (Jul 2, 2020): Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Policy area: Transportation and Public Works · Origin: House · Introduced: Jul 1, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.