H.R.1562 - A bill to amend the Small Business Act to restrict the authority of the Small Business Administration to deny financial assistance to small business concerns solely because the primary business operations of such concerns relate to the communication of ideas.97th Congress (1981-1982)
|Sponsor:||Rep. Addabbo, Joseph P. [D-NY-7] (Introduced 02/03/1981)|
|Committees:||House - Small Business|
|Latest Action:||House - 02/20/1981 Referred to Subcommittee on Export Opportunities & Special Small Business Problems. (All Actions)|
This bill has the status Introduced
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Summary: H.R.1562 — 97th Congress (1981-1982)All Information (Except Text)
Introduced in House (02/03/1981)
Amends the Small Business Act to prohibit the Small Business Administration (SBA) from denying financial assistance to a small business solely because its primary operation is book, newspaper, magazine, greeting card, or history calendar publication or distribution, radio or television broadcasting, film, record, or video tape production or distribution, instruction, or a similar operation.
Permits such denial if the SBA determines after a hearing that assistance will be adverse to a legitimate public interest or used primarily to promote or criticize political or religious ideas.