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S 360 102th Congress Senate Commerce Armed forces abroad Armed forces reserves Budget deficits Business losses Collection of accounts Cost of war Counseling Disaster loans Federal budgets Government and business Government lending Government spending reductions Interest Persian Gulf Persian Gulf War Small business Veterans' loans

Military Reservists Small Business relief Act

Introduced: February 6, 1991 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 1991
Indefinitely postponed by Senate by Unanimous Consent.
Feb 28, 1991
Placed on Senate Legislative Calendar under General Orders. Calendar No. 27.
Feb 28, 1991
Committee on Small Business. Reported to Senate by Senator Bumpers with an amendment in the nature of a substitute. Without written report.
Feb 20, 1991
Committee on Small Business. Ordered to be reported with an amendment in the nature of a substitute favorably.
Feb 6, 1991
Read twice and referred to the Committee on Small Business.
Feb 6, 1991
Introduced in Senate
 Plain-English summary Congressional Research Service

Military Reservists Small Business Relief Act - Amends the Small Business Act to direct the Small Business Administration (the Administration) to defer, upon request, repayment on any direct loan incurred by specified reservists prior to being ordered to active duty in the U.S. armed forces. Provides that during the deferral period no interest will accrue.

Prescribes guidelines for disaster loan assistance to small businesses for economic injury caused by a military call-up of the owner, manager, or key employee of such business.

Directs the Administration to use all its business development and management assistance programs (including State and private sector partners) to provide business counseling and training to small businesses adversely affected by the deployment of armed forces units in military or emergency situations.

States that for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) all direct and discretionary spending contained in this Act are emergency expenditures related to Operation Desert Shield, Operation Desert Storm, or any successor thereto.

What's happening now March 14, 1991

Indefinitely postponed by Senate by Unanimous Consent.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1