,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #bheg  ,,in ,,the ,,house ,,of  
,,representatives  ,july #cj1 #bjac ,mr4
 ,barletta introduced the following     
bill2 which was referred to the         
,committee on ,small ,business1 and in  
addition to the ,committee on ,house    
,administration1 for a period to be     
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to amend the ,small         
,business ,act to provide the interest  
rate for certain disaster related loans1
 and for other purposes4  #a4 ,short    
title ,this ,act may be cited as the    
,disaster ,loan ,fairness ,act of #bjac4
  #b4 ,interest rate for certain        
disaster related loans ,section #g7;d7  
of the ,small ,business ,act is amended 
by adding at the end the following3     
7#h7 7,a7 ,upon application1 the        
,administration shall grant an interest 
rate determined under this paragraph    

with respect to any qualifying disaster 
loan4  7,b7 ,for the purposes of this   
paragraph a qualifying disaster loan is 
the ,administration's share of a loan-- 
7i7 for which the interest rate would be
 set pursuant to paragraph 7#e7 but for 
the operation of this paragraph2  7ii7  
which is or was made with respect to    
activity in an area when the ,president 
has declared a major disaster in that   
area under section #dja of the ,stafford
 ,act2 and  7iii7 which is or was made  
#cj days after the date of the enactment
 of this paragraph or later4  7,c7 ,the 
,administrator shall determine the      
interest rate for each calendar year to 
be the lesser of--  7i7 #d percent2 and 
7ii7 a rate equivalent to #a_/b the rate
 prevailing in the private market for   
similar loans for those unable to attain
 credit elsewhere and #c_/d of that     
prevailing rate for those able to attain
 credit elsewhere4  7,d7 ,not later than
 one year after the date of the         
enactment of the ,disaster ,loan        

,fairness ,act of #bjac1 the            
,administrator shall report to ,congress
 as part of the annual report under     
section #aj7;a7 on whether the interest 
rate provided by this paragraph has     
resulted in any or all of the following3
  7i7 ,a greater number of applications 
for disaster related loans4  7ii7 ,a    
greater number of approvals of disaster 
related loans4  7iii7 ,a decreased      
default rate on disaster related loans4 
4  #c4 ,termination of use of public    
funds for political party nominating    
conventions ,section #ijjh of the       
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new subsection3  7i7          
,termination of use of funds for        
conventions ,notwithstanding any other  
provision of this section1 in the case  
of any ,presidential election held after
 #bjab--  7#a7 the ,secretary shall not 
make any payments under subsection      
7b77#c7 to any national committee of a  
major party or minor party2  7#b7 on    

,november #a of the year prior to the   
year in which the election is held1 the 
,secretary shall determine--  7,a7 in   
the case of the first such election1 the
 amount which is equal to the aggregate 
amount of the payments which were made  
under subsection 7b77#c7 to the national
 committees of a major party or minor   
party for the ,presidential election    
held in #bjab1 adjusted in the manner   
described in subsection 7b77#e71 or     
7,b7 in the case of any subsequent      
election1 the amount which is equal to  
the amount determined under subparagraph
 7,a71 adjusted in the manner described 
in subsection 7b77#e72 and  7#c7 at the 
time the ,secretary makes the           
determination under paragraph 7#b71 an  
amount equal to the amount determined   
under paragraph 7#b7 shall be           
permanently rescinded from the fund and 
returned to the general fund4  4