Amends the Small Business Act to repeal provisions which specify the maximum interest rates on disaster loans made by the Small Business Administration (SBA) to homeowners and small businesses unable to obtain credit elsewhere. Specifies the maximum interest rate which shall apply to all disaster loans made by the SBA.
Introduced in House
Introduced in House
Referred to House Committee on Small Business.
Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended).
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