S. 1621 · 117th Congress
PREPARE Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RubioSponsor7 cosponsors · 3 D, 3 R, 1 I
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Providing Resources for Emergency Preparedness And Resilient Enterprises Act or the PREPARE Act
What it does: CRS summary · Introduced in Senate · May 13, 2021
Providing Resources for Emergency Preparedness And Resilient Enterprises Act or the PREPARE Act
This bill reauthorizes through FY2026 a pre-disaster mitigation program, administered by the Small Business Administration, for disbursing economic injury disaster loans to small businesses for protection of real estate, equipment, inventory, supplies, and materials. The bill also increases the amount for loans to take mitigating actions to protect damaged or destroyed property from possible future disasters.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: PREPARE Act
Also known as: Providing Resources for Emergency Preparedness And Resilient Enterprises Act
Latest action (May 13, 2021): Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: Senate · Introduced: May 13, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.