H.R. 7467 · 116th Congress
Revolving Loan Fund Flexibility Act of 2020
- Stage
- In committee
- Sponsor
- Jimmy Panetta
- Introduced
- 2020-07-01
- Latest action
- 2020-07-02 · Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
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.