Browse Bills

There is one summary for this bill. Bill summaries are authored by CRS.

Asserts as the purpose of this Act the provision of needed facilities and services not otherwise available for the accomodation of visitors in the areas administered by the National Park Service. Authorizes the Secretary of the Interior to guarantee loans for improvements by National Park Service concessioners who will bear at least 10% of the cost of improvements. Limits the aggregate amount of outstanding guaranteed loans to $25,000,000.

Requires that loans will be guaranteed unless without it the concessioner could not obtain funds; the improvement is economically sound; and the improvement is appropriate for public use and enjoyment of the area. Creates the National Park Service Guarantee Fund for the purpose of carrying out the Act. Sets forth provisions regarding defaults on the loans. Bars termination or revocation of the guarantee except in certain circumstances.

There is one summary for this bill. Bill summaries are authored by CRS.

Asserts as the purpose of this Act the provision of needed facilities and services not otherwise available for the accomodation of visitors in the areas administered by the National Park Service. Authorizes the Secretary of the Interior to guarantee loans for improvements by National Park Service concessioners who will bear at least 10% of the cost of improvements. Limits the aggregate amount of outstanding guaranteed loans to $25,000,000.

Requires that loans will be guaranteed unless without it the concessioner could not obtain funds; the improvement is economically sound; and the improvement is appropriate for public use and enjoyment of the area. Creates the National Park Service Guarantee Fund for the purpose of carrying out the Act. Sets forth provisions regarding defaults on the loans. Bars termination or revocation of the guarantee except in certain circumstances.

There is one summary for this bill. Bill summaries are authored by CRS.

Asserts as the purpose of this Act the provision of needed facilities and services not otherwise available for the accomodation of visitors in the areas administered by the National Park Service. Authorizes the Secretary of the Interior to guarantee loans for improvements by National Park Service concessioners who will bear at least 10% of the cost of improvements. Limits the aggregate amount of outstanding guaranteed loans to $25,000,000.

Requires that loans will be guaranteed unless without it the concessioner could not obtain funds; the improvement is economically sound; and the improvement is appropriate for public use and enjoyment of the area. Creates the National Park Service Guarantee Fund for the purpose of carrying out the Act. Sets forth provisions regarding defaults on the loans. Bars termination or revocation of the guarantee except in certain circumstances.

There is one summary for this bill. Bill summaries are authored by CRS.

Asserts as the purpose of this Act the provision of needed facilities and services not otherwise available for the accomodation of visitors in the areas administered by the National Park Service. Authorizes the Secretary of the Interior to guarantee loans for improvements by National Park Service concessioners who will bear at least 10% of the cost of improvements. Limits the aggregate amount of outstanding guaranteed loans to $25,000,000.

Requires that loans will be guaranteed unless without it the concessioner could not obtain funds; the improvement is economically sound; and the improvement is appropriate for public use and enjoyment of the area. Creates the National Park Service Guarantee Fund for the purpose of carrying out the Act. Sets forth provisions regarding defaults on the loans. Bars termination or revocation of the guarantee except in certain circumstances.