H.R. 5242 · 111th Congress
Business Disaster Recovery Assistance Act of 2010
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CourtneySponsorNo cosponsors.
Business Disaster Recovery Assistance Act of 2010 - Directs the Administrator of the Federal Emergency Management Agency (FEMA) to establish a program to assist a covered entity affected by a major disaster.
What it does: CRS summary · Introduced in House · May 6, 2010
Business Disaster Recovery Assistance Act of 2010 - Directs the Administrator of the Federal Emergency Management Agency (FEMA) to establish a program to assist a covered entity affected by a major disaster. (Defines "covered entity" to mean a business or private nonprofit organization operating in an area with respect to which the President declared, during the 60-day period preceding the date the entity submitted a grant application, a major disaster under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.)
Authorizes the Administrator to make a grant to a covered entity to assist in: (1) the repair or replacement of the entity's property that was damaged as a direct result of a major disaster; and (2) meeting the entity's ordinary and necessary financial obligations that might not otherwise be met as a direct result of a major disaster.
Limits each grant to $28,000. Directs the Administrator to adjust the limit annually to reflect changes in the Consumer Price Index for All Urban Consumers published by the Department of Labor.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Business Disaster Recovery Assistance Act of 2010
Latest action (May 7, 2010): Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Policy area: Emergency Management · Origin: House · Introduced: May 6, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.