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S 2146 101th Congress Senate Commerce Disaster loans Droughts Small business

A bill to clarify the authority of the Small Business Administration to make disaster assistance loans to small businesses in case of disasters determined by the Secretary of Agriculture.

Introduced: February 20, 1990 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 20, 1990
Read twice and referred to the Committee on Small Business.
Feb 20, 1990
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Small Business Act to authorize the Administrator of the Small Business Administration to make disaster assistance loans to small business concerns within drought disaster areas, without regard to whether such a concern's economic loss is directly related to agricultural production losses.

Imposes a civil penalty for wrongful misapplication of loan proceeds.

What's happening now February 20, 1990

Read twice and referred to the Committee on Small Business.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1