PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Domestic and International Monetary Policy.
Congressional Research Service
Version 00 · Introduced in House · Jan 4, 1995
Economic Growth and Stabilization Financing Demonstration Act of 1995 - Prescribes guidelines under which the Secretary of Commerce may conduct demonstration programs in economically distressed communities to: (1) guarantee loans made to private parties by private lending institutions, community development financial institutions, and other lenders; (2) pay interest rate subsidies; (3) implement an equity financing program; and (4) provide secondary market credit enhancements to pools of financial instruments related to economic growth and stabilization in such communities. Directs the Secretary to conduct performance evaluations and submit an annual status report to the Congress. Authorizes appropriations.
People & committees
Rep. Kanjorski, Paul E. [D-PA-11] · D–PA
Legislative record
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Referred to the Subcommittee on Domestic and International Monetary Policy.
Referred to the House Committee on Banking and Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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Analyze H.R.288 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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