Amendment97th Congress
An amendment to add two limitations on the funds provided for economic development assistance programs of the Economic Development Administration. The limitations require 1) that during 1983 total commitment to guarantee loans shall exceed $150,000,000 of contingent liability for loan principal, and 2) that total obligations for new loans under the Economic Development Revolving Fund shall not exceed $30,000,000.
- Amendment Number
- 977
- Description
- An amendment to add two limitations on the funds provided for economic development assistance programs of the Economic Development Administration. The limitations require 1) that during 1983 total commitment to guarantee loans shall exceed $150,000,000 of contingent liability for loan principal, and 2) that total obligations for new loans under the Economic Development Revolving Fund shall not exceed $30,000,000.
- Purpose
- An amendment to add two limitations on the funds provided for economic development assistance programs of the Economic Development Administration. The limitations require 1) that during 1983 total commitment to guarantee loans shall exceed $150,000,000 of contingent liability for loan principal, and 2) that total obligations for new loans under the Economic Development Revolving Fund shall not exceed $30,000,000.
- Congress
- 97
- Type
- HAMDT
- Latest Action Date
- Dec 9, 1982
- Latest Action Text
- Amendment Passed (Amended) in Committee of the Whole by Voice Vote.
- Submitted Date
- Dec 9, 1982
- Chamber
- House of Representatives
- Update Date
- Aug 14, 2021