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H.R. 7434

BillFederalHouseIn Committee
To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.
About This Bill
Committee
Latest Action · June 30, 2020
Referred to the House Committee on Small Business.
Congress
116th (2019–2021)
Introduced
June 30, 2020
Sponsor
Rep. Thomas SuozziD
Cosponsors (5)
3D 2R
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Summary

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This bill requires the Small Business Administration to establish the interest rate at 1% for any economic injury disaster loan made during the period beginning on January 31, 2020, and ending on December 31, 2020.

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