Sec. 405. State or local development loan non-discrimination
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/bill/118/hr/6028/ih/section-405·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 et seq. ) is amended by adding at the end the following new section: The Administrator may not decline to provide a guarantee for a loan under this title to an otherwise eligible State or local development company solely because such State or local development company provides financing to an entity that is a cannabis-related legitimate business or service provider (as defined in section 7(a)(36) of the Small Business Act). .
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Sec. 405
State or local development loan non-discrimination
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