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Search Results: keywords:"repayment terms"

  • H.R. 131, titled the "Finish the Arkansas Valley Conduit Act," proposes changes to the repayment terms for the Arkansas Valley Conduit project in Colorado. The bill amends an existing law to specify that the repayment will be made without interest and can be spread over 100...

    Simple Explanation

    The bill H.R. 131 wants to change how people pay back money for a big water pipe project in Colorado, letting them pay it back over 100 years without paying extra money for borrowing it, and the money should come from outside the government during the building time.

  • The bill, known as the “Microloan Improvement Act of 2024,” proposes changes to the Small Business Act to enhance the microloan program. It aims to increase the maximum amount for intermediaries to $10,000 and allows for fixed-rate lines of credit. The bill also seeks to extend repayment...

    Simple Explanation

    The bill called the "Microloan Improvement Act of 2024" is like a helper for small businesses to get more money and pay it back over a longer time. It also tries to share money more fairly with places that don't usually get enough help.

  • S. 5013, known as the “Finish the Arkansas Valley Conduit Act,” aims to modify the repayment terms for the Arkansas Valley Conduit project in Colorado. The bill proposes that 35% of the conduit cost should be paid using funds from sources other than the Secretary, with the remaining balance...

    Simple Explanation

    The bill is like a plan to help people in Colorado pay less money over a long time for a big water pipe project. It suggests that part of the money can come from different places, not just the main government, and that the people using the pipe will take care of it.