Amendment requires an independent study to improve the ability of the Office of Management and Budget to accurately reflect the budgetary implications of Small Business Administration loan programs.

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Amendment Number
1385
Description
Amendment requires an independent study to improve the ability of the Office of Management and Budget to accurately reflect the budgetary implications of Small Business Administration loan programs.
Purpose
An amendment to express that it is the sense of the Congress that the subsidy models prepared by the Office of Management and Budget relative to loan programs sponsored by the Small Business Administration tend to overestimate potential risks of loss and overemphasize historical losses that may be anomolous and do not reflect the sucess of the programs as a whole.
Congress
104
Type
HAMDT
Latest Action Date
Sep 5, 1996
Latest Action Text
On agreeing to the Traficant amendment (A002) Agreed to by voice vote.
Latest Action Time
14:52:13
Submitted Date
Sep 5, 1996
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 1385 — Informed