To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.
Sponsored By: Representative Gallego, Ruben [D-AZ]
Unknown
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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Gallego, Ruben [D-AZ]
AZ • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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