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HR 3011 107th Congress House Commerce Air piracy Bombings Business losses Charities Commercial aircraft Crime and Law Enforcement Department of Defense Disaster loans Disaster relief EBB Terrorism Economics and Public Finance Emergency Management Federal installations Federal office buildings Finance and Financial Sector Government Operations and Politics Government and business Government lending Interest

Small Business Emergency Relief Act of 2001

Introduced: October 3, 2001 Introduced by: Velázquez, Nydia M. Democratic · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 3, 2001
Referred to the House Committee on Small Business.
Oct 3, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Small Business Emergency Relief Act of 2001 Authorizes the Administrator of the Small Business Administration to make disaster loans to small business concerns and other eligible entities that were injured as a result of the September 11, 2001, terrorists attacks. Makes such loans available for repair, rehabilitation, refinancing, or replacement of damaged or destroyed real or personal property and any economic injury. Includes charitable organizations among those eligible for such loans.

Authorizes the Administrator to forgive or undertake obligations under loans already made under the Small Business Act to recipients which have suffered substantial economic injury as a result of the September 11, 2001, terrorist attacks.

Amends the Small Business Act to prohibit the sale of disaster loans.

What's happening now October 3, 2001

Referred to the House Committee on Small Business.

 Committees of jurisdiction 1