1024
84TtaI" 1618 i5u?c636. " 86 Stat. 555. 84 Stat. 1618. 42 USC 3142-1
PUBLIC LAW 93-237-JAN. 2, 1974
made to any business enterprise under paragraph (1) of this subsection; and". ^^^ ^^^ Section 7(b)(6) of the Small Business Act is repealed. (2) Paragraph (7) of such section 7(b) is redesignated as paragraph
(6).
(c) Section 28(d) of the Occupational Safety and Health Act of 1970 (Public Law 91-596) is amended by striking out "7(b)(6) " and inserting in lieu thereof "7(b)(5)". (d) In no case shall the interest rate charged for loans to meet regulatory standards be lower than loans made in connection with physical disasters. COXFOUMING T K C II N I C A L
86 Stat. 1316. 80 Stat. 132; __ 36 Stat. 1316 _
15 USC 633'.
[87 STAT.
AMENDMENTS
SEC. 3. (a) Subsection (g) of section 7 of the Small Business Act, as added by section 3(b) of the Small Business Investment Act Amendments of 1972, is redesignated as subsection (h). (b) Subsection (c) of section 4 of the Small Business Act is amended by striking out " 7 (g) " each place it appears in paragraphs (1)(B), (2), and (4) and inserting in lieu thereof " 7 (h) ". AUTHORITY OF SECRETARY O F AGRICULTURE W I T H RESPECT TO N A T U R A L DISASTERS
"^^'^'
86 Stat. 557. 7 USC 1969
SEC. 4. Notwithstanding the provisions of Public Law 93-24, the Secretary of Agriculture shall continue to exercise his authority with respect to natural disasters which occurred after December 26, 1972, but prior to April 20, 1973, in accordance with the provisions of section 5 of Public Law 92-385 as such section was in effect prior to April 20, 1973. LIVESTOCK
ss^^stat^so^ 15 USC 636.
LOANS
SEC. 5. Section 7(b)(4) of the Small Business Act is amended by inserting before the semicolon at the end thereof the following: ": Provided, That loans under this paragraph include loans to persons who are engaged in the business of raising livestock (including but not limited to cattle, hogs, and poultry), and who suffer substantial economic injury as a result of animal disease". LOANS FOR ADJUSTMENT ASSISTANCE I N BASE CLOSINGS
84 Stat. 1618.
SEC. 6. Section 7(b) of the Small Business Act is amended by adding after paragraph (6) the following new paragraph: "(7) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern in continuing in business at its existing location, in reestablishing its business, in purchasing a new business, or in establishing a new business if the Administration determines that such concern has suffered or will suffer substantial economic injury as the result of the closing by the Federal Government of a major military installation under the jurisdiction of the Department of Defense, or as a result of a severe reduction in the scope and size of operations at a major military installation.".
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