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American Small Business Emergency Relief and Recovery Act of 2001

Introduced: November 6, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 14, 2001
Ordered to be Reported (Amended) by Voice Vote.
Nov 14, 2001
Committee Consideration and Mark-up Session Held.
Nov 6, 2001
Introduced in House
Nov 6, 2001
Referred to the House Committee on Small Business.
Nov 6, 2001
Sponsor introductory remarks on measure. (CR E2005-2006)
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 Plain-English summary Congressional Research Service
American Small Business Emergency Relief and Recovery Act of 2001 - Amends the Small Business Act to authorize the Small Business Administration (SBA) to make disaster loans to a small business concern that has been directly affected and suffered or is likely to suffer substantial economic injury as the result of the terrorist attacks of September 11, 2001, including injury due to closure or suspension of its business for national security purposes by the Federal Government. Authorizes the refinancing of prior business debt of businesses eligible for such loans.

Authorizes the SBA, during the year after enactment of this Act, to make loans to small business concerns that have suffered or are likely to suffer economic harm to or disruption of operations as a result of such attacks. Reduces guarantee fees and increases the guarantee percentage on such loans for one year after the enactment of this Act.

Amends the Small Business Investment Act of 1958 to: (1) waive development company debenture guarantee loan fees for financings made after enactment of this Act for one year; and (2) authorize and encourage small business investment companies to provide equity capital and make loans to assist small business concerns adversely impacted by the terrorist attacks.

Amends the Small Business Act to authorize individualized assistance to small business concerns adversely impacted by the terrorist attacks through the following programs; (1) small business development centers; (2) Service Corps of Retired Executives (SCORE); (3) microloan program (women, low-income, veterans, minority); and (4) women's business center program.

Directs the Office of Advocacy of the SBA to conduct annual studies on the impact of the events of September 11, 2001, on small business concerns, and the effects of assistance provided under this Act.

What's happening now November 14, 2001

Ordered to be Reported (Amended) by Voice Vote.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 2
R
Issa, Darrell
California · Nov 14, 2001
 R
Graves, Sam
Missouri · Nov 6, 2001
 D
Nadler, Jerrold
New York · Nov 6, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3230: American Small Business Emergency Relief and Recovery Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-3230/
MLA
"H.R. 3230: American Small Business Emergency Relief and Recovery Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-3230/.
Bluebook (legal)
H.R. 3230, 107th Cong. (2026), https://openamerica.io/bill/107-HR-3230/.
Markdown link
[H.R. 3230: American Small Business Emergency Relief and Recovery Act of 2001](https://openamerica.io/bill/107-HR-3230/)
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