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S. 300IntroducedSenate · nowHousePresidentLawIn committee
Sec. 8 · S. 300

Prohibition regarding SBA rules relating to disaster loans

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Introduced · Sec. 8

(a) Definitions In this section: (1) Cost The term cost has the meaning given the term in section 502 of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a). (2) Rule The term rule has the meaning given the term in section 551 of title 5, United States Code. (b) Prohibition Notwithstanding any other provision of law or regulation, beginning on the date of enactment of this Act, the Administrator of the Small Business Administration may not issue any rule that will result in any increased cost to the program carried out under section 7(b) of the Small Business Act (15 U.S.C. 636(b)).

•S 300 ISSEC. 8
Committee version · Sec. 8

(a) Definitions In this section: (1) Cost The term cost has the meaning given the term in section 502 of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a). (2) Rule The term rule has the meaning given the term in section 551 of title 5, United States Code. (b) Prohibition Notwithstanding any other provision of law or regulation, beginning on the date of enactment of this Act, the Administrator of the Small Business Administration may not issue any rule that will result in any increased cost to the program carried out under section 7(b) of the Small Business Act (15 U.S.C. 636(b)).

•S 300 RSSEC. 8

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Sec. 8: Prohibition regarding SBA rules relating to disaster loans · Public Law Tracker