Prior similar provisions were contained in section 225, of act July 30, 1953, ch. 282, as added by act Aug. 9, 1955, ch. 628, § 14,
69 Stat. 551, which was previously classified to section
651 of this title. The provisions of section 218 of act July 30, 1953, formerly classified to this section, were transferred to section
2[12] of
Pub. L. 85–536, and are classified to section
641 of this title. See Codification note set out under section
631 of this title.
1986—Subsec. (a).
Pub. L. 99–272struck out agricultural enterprises exception and proviso that, prior to Oct. 1, 1987, an agricultural enterprise not be eligible for loan assistance under section
636
(b)(1) of this title to repair or replace property other than residences and/or personal property unless it is declined for, or would be declined for, emergency loan assistance at substantially similar interest rates from the Farmers Home Administration under subchapter III of the Consolidated Farm and Rural Development Act.
1984—Subsec. (a).
Pub. L. 98–369substituted “October 1, 1987” for “October 1, 1986”.
Pub. L. 98–270substituted “October 1, 1986” for “October 1, 1983”.
1980—Subsec. (a).
Pub. L. 96–302, § 119(c)(1), inserted proviso relating to eligibility for loan assistance prior to October 1, 1983.
Subsec. (b).
Pub. L. 96–302, § 119(c)(2), added par. (1) and designated as par. (2) existing definition of “credit elsewhere”.
1979—
Pub. L. 96–38designated existing provisions as subsec. (a) and added subsec. (b).
1976—
Pub. L. 94–305inserted reference to those enterprises engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries.
1974—
Pub. L. 93–386inserted provision authorizing the refusal of loan applications and the denial of loans, for purposes of this section, to be deemed nonduplication of activities.
Amendment by
Pub. L. 98–270effective Oct. 1, 1983, see section 313 of
Pub. L. 98–270, set out as a note under section
632 of this title.
Amendment by
Pub. L. 96–302inapplicable to disasters commencing on or before Oct. 1, 1980, see section 119(d) of
Pub. L. 96–302, set out as a note under section
636 of this title.
Pub. L. 95–507, § 207,Oct. 24, 1978,
92 Stat. 1767, provided that: “Nothing in this chapter [meaning chapter 1 of title II of
Pub. L. 95–507, consisting of sections 201–206 of
Pub. L. 95–507which amended sections
631,
633,
636, and
637 of this title] is intended to duplicate or limit any programs or projects administered by the Department of Commerce.”