Amendment109th Congress
At the end of the bill (before the short title), insert the following: \ SEC. __. None of the funds made available in this Act may be used to make or guarantee a loan under section 7(b) of the Small Business Act (15 U.S.C. 636(b)) other than a loan for which the borrower is charged an interest rate in accordance with section 7(c)(5) of such Act, as in effect on the date of the enactment of this Act.
- Amendment Number
- 748
- Description
- At the end of the bill (before the short title), insert the following: \ SEC. __. None of the funds made available in this Act may be used to make or guarantee a loan under section 7(b) of the Small Business Act (15 U.S.C. 636(b)) other than a loan for which the borrower is charged an interest rate in accordance with section 7(c)(5) of such Act, as in effect on the date of the enactment of this Act.
- Purpose
- An amendment to prohibit the use of funds from being available to make or guarantee a loan under section 7(b) of the Small Business Act other than a loan for which the borrower is charged an interest rate in accordance with section 7(c)(5).
- Congress
- 109
- Type
- HAMDT
- Latest Action Date
- Mar 16, 2006
- Latest Action Text
- On agreeing to the Velazquez amendment (A048) Failed by recorded vote: 200 - 219 (Roll no. 62).
- Latest Action Time
- 17:38:34
- Submitted Date
- Mar 16, 2006
- Chamber
- House of Representatives
- Update Date
- Aug 16, 2021