PlainBillCongress, translated.Legislation. Context. Public interest.Committee on Small Business. Hearings held.
Congressional Research Service
Version 00 · Introduced in Senate · Apr 1, 1993
Amends the Small Business Investment Act of 1958 to permit a qualified State or local development company that issues a debenture purchased by the Federal Financing Bank and guaranteed by the Small Business Administration, at the election of the small business borrower whose loan secures such debenture, to prepay the debenture by payment to the Bank of the unpaid principal balance, accrued interest, and repurchase premium amount (as determined under this Act). Prohibits any fees or penalties from being imposed against the issuer, borrower, or the Administration as a condition of prepayment under this Act.
People & committees
Sen. Hatfield, Mark O. [R-OR] · R–OR
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Committee on Small Business. Hearings held.
Read twice and referred to the Committee on Small Business.
Sponsor introductory remarks on measure. (CR S4326-4329)
Introduced in Senate
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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