Summary: H.R.3308 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.3308. Bill summaries are authored by CRS.

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Introduced in House (11/15/2001)

American Small Business Recovery Act of 2001 - Limits the interest rate on disaster loans made during the year after this Act's enactment to any small business concern which suffered substantial economic injury as a result of the September 11, 2001 terrorist attacks. Authorizes the Administrator of the Small Business Administration (SBA) to: (1) make grants to such concerns during that same period; and (2) undertake payments (guaranteed loans) or discharge indebtedness (direct loans) for previous SBA loans made to such concerns.