Bill
Bill > HR9610
US HR9610
US HR9610To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes.
summary
Introduced
09/16/2024
09/16/2024
In Committee
09/16/2024
09/16/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes.
AI Summary
This bill amends the Small Business Act to waive the accrual of interest and defer payments on certain disaster loans for a 12-month period starting from the date of loan disbursement. Specifically, it sets the interest rate on these loans to zero percent and defers principal payments during that time. This applies to disaster loans made on or after the date of enactment of this bill.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the House Committee on Small Business. (on 09/16/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/9610/all-info |
| BillText | https://www.congress.gov/118/bills/hr9610/BILLS-118hr9610ih.pdf |
Loading...