H.R. 1446 (110th): To amend the Small Business Act to allow an increased deferment period for loans under the 7(b) loan program.

Introduced:
Mar 09, 2007 (110th Congress, 2007–2009)
Sponsor:
Rep. Bobby Jindal [R-LA1]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


3/9/2007--Introduced.
Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA), in making disaster loans to small businesses, to provide an option to defer repayment on such loans for a period of up to four years. Applies such authority retroactively to any SBA disaster loan that was made: (1) in response to Hurricanes Katrina or Rita; and (2) for a small business located in a county or parish designated by the Administrator as a disaster area by reason of either such hurricane.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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United States Code

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