H.R.6922 - To amend the Small Business Act to provide low-interest loans to small business concerns providing transportation services to assist them in dealing with high motor fuel prices.
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- Official: To amend the Small Business Act to provide low-interest loans to small business concerns providing transportation services to assist them in dealing with high motor fuel prices. as introduced.
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Official Summary
9/17/2008--Introduced.Amends the Small Business Act to authorize the Small Business Administration (SBA) to make disaster loans to assist eligible small businesses that have suffered or are likely to suffer substantial economic injury as the result of increases in the price of gasoline orOfficial Summary
9/17/2008--Introduced.Amends the Small Business Act to authorize the Small Business Administration (SBA) to make disaster loans to assist eligible small businesses that have suffered or are likely to suffer substantial economic injury as the result of increases in the price of gasoline or diesel fuel. Makes eligible for such loans small businesses engaged in the transportation of persons or property for hire. Limits loan amounts to $250,000, with an authorized waiver by the SBA. States that, for purposes of such assistance, no declaration of a disaster area is required.
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Recent Blog Coverage
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Heard on the Air: September 2008
Brian Baird and OOIDA member Sherrie Bond about a bill Baird has introduced a bill, HR 6922, that would allow small-business truckers to apply for low-interest loans to keep their businesses going due to record high fuel prices. ...
September 2008
Brian Baird and OOIDA member Sherrie Bond about a bill Baird has introduced a bill, HR 6922, that would allow small-business truckers to apply for low-interest loans to keep their businesses going due to record high fuel prices. ...
Shame On America Sunday: Four Questions To Ask When Someone Asks ...
NOTE: If you read all the way to the end, you will see my bailout plan that will not cost the taxpayers anything and will definitely work. But you have to sit through some rhetoric, first. Shame On America Sunday is about contrasts ...

U.S. Congress - H.R.6922 To amend the Small Business Act to provide low-interest loans to small business concern...



