PREPARE Act of 2023
United States118th CongressS-1370Senate
Updated: Apr 27, 2023
Summary
Providing Resources for Emergency Preparedness And Resilient Enterprises Act of 2023 or the PREPARE Act of 2023 This bill reauthorizes through FY2028 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.
Bill texts
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Timeline
Latest companion bill action
HR-6882: PREPARE Act of 2023Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Senate
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