Summary: H.R.2166 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.2166. Bill summaries are authored by CRS.

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Introduced in House (04/23/1987)

Amends the Small Business Act to increase the amount authorized for FY 1988 for surety bond guarantees by the Small Business Administration.

Reduces the FY 1988 authorization for certain small business loans, development company debenture guarantees, and the purchase and guarantee of small business investment company debentures.

Earmarks a specified amount of the FY 1988 Administration authorization for contract guarantees for small business pollution control facilities.

Amends the Small Business Investment Act of 1958 to increase the amount of development company debenture guarantees for FY 1987, and establishes the amount for FY 1988 that may be sold to investors under the Administration's pilot program.