Vote — Oct 6, 2015 7:09 p.m.
Feb 2, 1994
103rd Congress, 1993–1994
This bill was introduced on February 2, 1994, in a previous session of Congress, but was not enacted.
Representative for Virginia's 11th congressional district
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Last Updated: Feb 2, 1994
Length: 3 pages
To amend the Internal Revenue Code of 1986 to permit individual retirement accounts to be used as security for certain business loans.
2/2/1994--Introduced.Small Business Empowerment Act - Amends the Internal Revenue Code to allow an individual retirement account to be pledged as security for a qualified business loan. Read more >
The bill’s title was written by its sponsor.
This is the first step in the legislative process.
This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 3761”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
The committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
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Civic Impulse. (2015). H.R. 3761 — 103rd Congress: Small Business Empowerment Act. Retrieved from https://www.govtrack.us/congress/bills/103/hr3761
“H.R. 3761 — 103rd Congress: Small Business Empowerment Act.” www.GovTrack.us. 1994. October 7, 2015 <https://www.govtrack.us/congress/bills/103/hr3761>
|title=H.R. 3761 (103rd)
|accessdate=October 7, 2015
|author=103rd Congress (1994)
|date=February 2, 1994
|quote=Small Business Empowerment Act