H.R. 2936 · 116th Congress
Small Business Disaster Relief Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ThompsonSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill provides relief funding for small businesses and enterprises deemed vital to recovery efforts in a disaster area.
What it does: CRS summary · Introduced in House · May 22, 2019
Small Business Disaster Relief Act of 2019
This bill provides relief funding for small businesses and enterprises deemed vital to recovery efforts in a disaster area.
Specifically, the bill authorizes the Small Business Administration (SBA) to exceed the $100,000 cap on small business development center assistance grants to accommodate extraordinary occurrences that have a catastrophic impact on small business concerns in a community.
The bill also authorizes the SBA and the Farm Service Agency to provide loans for enterprises that are vital to disaster recovery efforts. Such loans shall be made without reference to limitations imposed by other laws and may waive any required evaluation of creditworthiness in exchange for a fee.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Small Business Disaster Relief Act of 2019
Latest action (Jun 21, 2019): Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Policy area: Commerce · Origin: House · Introduced: May 22, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.