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

3.0.0 7434 2022-02-08T23:16:00Z 2022-02-08T23:16:00Z House HR 2020-06-30 116 [Congressional Record Volume 166, Number 120 (Tuesday, June 30, 2020)][House][Pages H2982-H2983]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SUOZZI:H.R. 7434.Congress has the power to enact this legislation pursuantto the following:[[Page H2983]]Under Article I, Section 8 of the Constitution, Congresshas the power ``to make all Laws which shall be necessary andproper for carrying into Execution the foregoing Powers, andall other Powers vested by this Constitution in theGovernment of the United States, or any Department or Officerthereof''.]]> hssm00 Small Business Committee House Standing Referred to 2020-06-30T13:02:15Z 2020-06-30 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2020-06-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-06-30 Introduced in House IntroReferral 1000 9 Library of Congress S001201 Rep. Suozzi, Thomas R. [D-NY-3] Thomas Suozzi D NY R. 3 N K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2020-06-30 True R000602 Rep. Rice, Kathleen M. [D-NY-4] Kathleen Rice D NY M. 4 2020-06-30 True M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2020-06-30 True Z000017 Rep. Zeldin, Lee M. [R-NY-1] Lee Zeldin R NY M. 1 2020-06-30 True H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2020-07-29 False Commerce Disaster relief and insurance Government lending and loan guarantees Interest, dividends, interest rates Small Business Administration Small business Commerce

00 2020-06-30 Introduced in House 2020-07-27T16:15:56Z 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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To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes. Display Title To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes. Official Title as Introduced To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes. Introduced in House IH Introduced in House 2020-06-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr7434ih/xml/BILLS-116hr7434ih.xml 2020-06-30 Referred to the House Committee on Small Business. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.