To direct the Administrator of the Small Business Administration to modify any caps on emergency EIDL advances to certain veterans service organizations, and for other purposes.

United States116th CongressHR-8537House of Representatives
Updated: Oct 6, 2020

Summary

This bill prohibits the Small Business Administration from placing a cap that is less than $5,000 on any advance for an economic injury disaster loan that is made in response to COVID-19 (i.e., coronavirus disease 2019) to a veterans service organization (VSO) with only one employee. A VSO aids veterans with the preparation, presentation, and prosecution of claims under laws administered by the Department of Veterans Affairs.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Referred to the House Committee on Small Business.

    House of Representatives

  2. Introduced in House

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