Revolving Loan Fund Flexibility Act of 2020

Fact Sheet API

Bill Number

HR 7467

Introduced

Jul 1, 2020

Latest Action

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Sponsor

Cosponsors

Topics

Government lending and loan guarantees Transportation and Public Works Transportation programs funding

Full Text

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Votes

Summary

Revolving Loan Fund Flexibility Act of 2020

This bill authorizes a grantee that provides revolving loans using funds from a Department of Commerce economic development grant to transfer funds repaid from such a loan to another eligible project, subject to various requirements.

Actions

Jul 2, 2020

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Jul 1, 2020

Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 1, 2020

Introduced in House

Amendments

Related Bills