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To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.

USA116th CongressHR-7434| House 
| Updated: 6/30/2020
Thomas R. Suozzi

Thomas R. Suozzi

Democratic Representative

New York

Cosponsors (5)
Jared Huffman (Democratic)Peter T. King (Republican)Lee M. Zeldin (Republican)Kathleen M. Rice (Democratic)Gregory W. Meeks (Democratic)

Small Business Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jun 30, 2020
Introduced in House
Jun 30, 2020
Referred to the House Committee on Small Business.
  • June 30, 2020
    Introduced in House


  • June 30, 2020
    Referred to the House Committee on Small Business.

Commerce

Disaster relief and insuranceGovernment lending and loan guaranteesInterest, dividends, interest ratesSmall businessSmall Business Administration

To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.

USA116th CongressHR-7434| House 
| Updated: 6/30/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 30, 2020
Introduced in House
Jun 30, 2020
Referred to the House Committee on Small Business.
  • June 30, 2020
    Introduced in House


  • June 30, 2020
    Referred to the House Committee on Small Business.
Thomas R. Suozzi

Thomas R. Suozzi

Democratic Representative

New York

Cosponsors (5)
Jared Huffman (Democratic)Peter T. King (Republican)Lee M. Zeldin (Republican)Kathleen M. Rice (Democratic)Gregory W. Meeks (Democratic)

Small Business Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Disaster relief and insuranceGovernment lending and loan guaranteesInterest, dividends, interest ratesSmall businessSmall Business Administration