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To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.
2/8/2022, 11:17 PM
Congressional Summary of HR 6346
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.
Read the Full Bill
Current Status of Bill HR 6346
Bill HR 6346 is currently in the status of Bill Introduced since March 23, 2020. Bill HR 6346 was introduced during Congress 116 and was introduced to the House on March 23, 2020. Bill HR 6346's most recent activity was Referred to the House Committee on Small Business. as of March 23, 2020
Bipartisan Support of Bill HR 6346
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6346
Primary Policy Focus
CommercePotential Impact Areas
- Economic performance and conditions
- Government lending and loan guarantees
- Interest, dividends, interest rates
Alternate Title(s) of Bill HR 6346
To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.
To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.
Comments
Sponsors and Cosponsors of HR 6346
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