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15 U.S.C. § 636lSemiannual report

submitted 7 years ago by Pub. L. 116-92 to r/title-15-COMMERCE-AND-TRADE · 111 words · no verdicts yet

in plain englishAI-generated · not legal advice

Within 180 days after December 20, 2019, and every six months after that, the President must report to four specified congressional committees about loans made under the Military Reservist Economic Injury Disaster Loan program. The report must give the number and dollar volume of those loans and the disaster loan program’s subsidy rate both with and without those loans.

Within 180 days after December 20, 2019, and every six months after that, the President must submit a report to these four committees: the Senate Committee on Small Business and Entrepreneurship, the Senate Committee on Appropriations, the House Committee on Small Business, and the House Committee on Appropriations. The report must state the number of loans made under the “Military Reservist Economic Injury Disaster Loan program” and the total dollar amount of those loans. This section does not define the term “Military Reservist Economic Injury Disaster Loan program.” The report must also state the “subsidy rate” of the disaster loan program authorized under section 636(b) of this title in two ways: first, with the loans made under the Military Reservist Economic Injury Disaster Loan program included; and second, without those loans included. This section does not define the term “subsidy rate.”
the actual law source: uscode.house.gov ↗public domain

Not later than 180 days after December 20, 2019, and semiannually thereafter, the President shall submit to the Committee on Small Business and Entrepreneurship and the Committee on Appropriations of the Senate and the Committee on Small Business and the Committee on Appropriations of the House of Representatives a report on the number of loans made under the Military Reservist Economic Injury Disaster Loan program and the dollar volume of those loans. The report shall contain the subsidy rate of the disaster loan program as authorized under section 636(b) of this title with the loans made under the Military Reservist Economic Injury Disaster Loan program and without those loans included.

Source credit: (Pub. L. 116–92, div. A, title VIII, § 877(c), Dec. 20, 2019, 133 Stat. 1529.)

history & why it existsrecord from the source credit
  • 2019Enacted · Pub. L. 116-92 · 133 Stat. 1529

A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-92 on 2019-12-20.

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