House Bill 7434
116th Congress(2019-2020)
To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.
Introduced
Introduced in House on Jun 30, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7434
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
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.
June 30, 2020
06/30/2020
Referred to the House Committee on Small Business.
06/30/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:16:00 PM