Search Results for keywords:"loan eligibility"

Search Results: keywords:"loan eligibility"

H. R. 7061 — To provide loans and other financial assistance to small businesses affected by the wildfires on Maui, and for other purpose.
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January 22, 2024
Status:Introduced in House
Congress:118
Words:8,361
H.R. 7061 aims to support small businesses in Maui affected by recent wildfires by providing loans and financial assistance. The bill introduces the "HEAL Maui Act," which offers emergency grants and waives certain loan requirements to make it easier for businesses to access...
Simple Explanation
H.R. 7061 is a plan to help small businesses in Maui that were hurt by wildfires by giving them special money and loans to keep running, but it must be used carefully to make sure it goes to the businesses that really need it.
H. R. 6870 — To amend the Equal Credit Opportunity Act to clarify creditor’s rights and remedies with respect to the consideration of immigration status with respect to the extension of credit, and for other purposes.
December 19, 2023
Status:Introduced in House
Congress:118
Words:369
H.R. 6870 aims to modify the Equal Credit Opportunity Act to detail how creditors can consider a person's immigration status when deciding to extend credit. The bill allows creditors to inquire about someone's immigration status to understand their legal options and protections related to...
Simple Explanation
In this bill, Congress wants to change the rules about how banks look at a person's immigration status when deciding who gets a loan. They say banks can ask about it, but they shouldn't let it unfairly change their decision about giving someone money.
H. R. 8210 — To amend the Consolidated Farm and Rural Development Act to eliminate a requirement that certain individuals be related by blood or marriage to be eligible for farm loans as a qualified beginning farmer or rancher, and for other purposes.
May 01, 2024
Status:Introduced in House
Congress:118
Words:242
H. R. 8210, introduced in the House of Representatives, seeks to modify the Consolidated Farm and Rural Development Act. The bill aims to remove the existing requirement that mandates certain individuals to be related by blood or marriage to qualify for farm loans as...
Simple Explanation
This bill wants to make it easier for more people to get loans to start farms by not requiring them to be family members of other farmers.
H. R. 7139 — To amend the Higher Education Act of 1965 to change certain eligibility provisions for loan forgiveness for teachers, and for other purposes.
January 30, 2024
Status:Introduced in House
Congress:118
Words:349
H.R. 7139, known as the “Teacher Debt Relief Act,” proposes changes to the Higher Education Act of 1965 concerning loan forgiveness for teachers. The bill aims to make it easier for teachers to qualify for loan forgiveness by altering specific eligibility criteria. It...
Simple Explanation
H.R. 7139 is a proposed rule that aims to make it easier for teachers to have their school loans erased by changing the rules they need to follow.
S. 5207 — To amend the Consolidated Farm and Rural Development Act to modify certain requirements relating to emergency loans, and for other purposes.
September 25, 2024
Status:Introduced in Senate
Congress:118
Words:537
S. 5207 aims to change certain aspects of the Consolidated Farm and Rural Development Act related to emergency loans. The bill proposes amendments to sections 322 and 329, which involve updating the criteria for making loan determinations and providing financial assistance...
Simple Explanation
This bill wants to change the rules for helping farmers or rural areas when there's a disaster and they lose a lot of crops or animals.
H. R. 6809 — To amend the Higher Education Act of 1965 to allow certain Federal student loans to be transferred from a parent to a child, and for other purposes.
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December 14, 2023
Status:Introduced in House
Congress:118
Words:1,201
H.R. 6809, titled the "Parent PLUS Loan Fairness and Responsibility Act of 2023," seeks to amend the Higher Education Act of 1965 to enable the transfer of certain federal student loans from a parent to a child. The bill outlines the conditions under which such a transfer can occur, such as...
Simple Explanation
The bill wants to let parents give their student loans to their kids instead, as long as the kids can show they can pay them back. This means the parents won't have to worry about those loans anymore, and the kids will be in charge of paying them.

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