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HR 6346 116th Congress House Commerce Economic performance and conditions Government lending and loan guarantees Interest, dividends, interest rates

To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.

Introduced: March 23, 2020 Introduced by: Gallego, Ruben Democratic · Arizona See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2020
Referred to the House Committee on Small Business.
Mar 23, 2020
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now March 23, 2020

Referred to the House Committee on Small Business.

 Committees of jurisdiction 1