H.Amdt.748 to H.R.4939109th Congress (2005-2006)
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|Amends Bill:||H.R.4939 — Emergency Supplemental Appropriations Act for Defense, the Global War on Terror, and Hurricane Recovery, 2006|
|Sponsor:||Rep. Velazquez, Nydia M. [D-NY-12] (Offered 03/16/2006)|
|Latest Action:||03/16/2006 On agreeing to the Velazquez amendment (A048) Failed by recorded vote: 200 - 219 (Roll no. 62).|
Description: H.Amdt. 748 — 109th Congress (2005-2006)
At the end of the bill (before the short title), insert the following: \ SEC. __. None of the funds made available in this Act may be used to make or guarantee a loan under section 7(b) of the Small Business Act (15 U.S.C. 636(b)) other than a loan for which the borrower is charged an interest rate in accordance with section 7(c)(5) of such Act, as in effect on the date of the enactment of this Act.
An amendment to prohibit the use of funds from being available to make or guarantee a loan under section 7(b) of the Small Business Act other than a loan for which the borrower is charged an interest rate in accordance with section 7(c)(5).
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