Small Business Disaster Relief Act of 2019
USA116th CongressHR-2936| House
| Updated: 6/21/2019
Mike Thompson
Democratic Representative
California
Cosponsors (1)
Commodity Markets, Digital Assets, and Rural Development Subcommittee, Small Business Committee, Agriculture Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Commerce
Disaster relief and insuranceEnergy storage, supplies, demandGovernment lending and loan guaranteesHomelessness and emergency shelterMotor fuelsSmall businessSmall Business AdministrationSolid waste and recycling
Small Business Disaster Relief Act of 2019
USA116th CongressHR-2936| House
| Updated: 6/21/2019
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Mike Thompson
Democratic Representative
California
Cosponsors (1)
Commodity Markets, Digital Assets, and Rural Development Subcommittee, Small Business Committee, Agriculture Committee
Commerce
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Disaster relief and insuranceEnergy storage, supplies, demandGovernment lending and loan guaranteesHomelessness and emergency shelterMotor fuelsSmall businessSmall Business AdministrationSolid waste and recycling