PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Research and Technology.
Congressional Research Service
Version 00 · Introduced in House · Jan 5, 1993
Amends the Public Works and Economic Development Act of 1965 to authorize appropriations to carry out certain economic development programs for FY 1993. Amends the Small Business Act to increase the program levels of the Small Business Administration for FY 1993. Amends the Internal Revenue Code to allow the targeted jobs credit for every individual hired within one year after the date of enactment of this Act. Increases the amount of such credit. Excludes from gross income distributions from individual retirement accounts used to purchase or refinance a principal residence. Exempts such distributions from the penalty tax on early distributions from retirement plans. Provides for the delay or suspension of obligations for certain defense, foreign assistance, space, and energy research programs.
People & committees
Rep. Snowe, Olympia J. [R-ME-2] · R–ME
Legislative record
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Referred to the Subcommittee on Research and Technology.
Executive Comment Requested from DOD.
Referred to the Subcommittee on SBA Legislation and the General Economy.
Referred to the Subcommittee on Economic Development.
Referred to the Subcommittee on Energy.
Referred to the Subcommittee on Space.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Science, Space and Technology.
Referred to the House Committee on Small Business.
Referred to the House Committee on Public Works + Transportation.
Referred to the House Committee on Foreign Affairs.
Referred to the House Committee on Armed Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Jun 6, 2025. Consult Congress.gov for the current record.
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Analyze H.R.372 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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