To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.
United States116th CongressHR-6346House of Representatives
Updated: Mar 23, 2020
Summary
This bill sets the interest rate on a disaster loan issued by the Small Business Administration at the lesser of the interest rate that is (1) otherwise chargeable under the economic injury disaster loan program, or (2) payable on the most-recently issued U.S. ten-year Treasury note.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Small Business.
House of Representatives
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