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HR 4148 115th Congress House Commerce Disaster relief and insurance Energy storage, supplies, demand Government lending and loan guarantees Homelessness and emergency shelter Motor fuels Small Business Administration Small business Solid waste and recycling

Small Business Disaster Relief Act of 2017

Introduced: October 26, 2017 Introduced by: Thompson, Mike Democratic · California See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2017
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Oct 26, 2017
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 26, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Small Business Disaster Relief Act of 2017

This bill amends the Small Business Act to authorize the Small Business Administration (SBA) to exceed the $100,000 limit on small business development center assistance grants to accommodate extraordinary occurrences having a catastrophic impact on small business concerns in a community.

The bill amends the Disaster Relief Act of 1970 to permit: (1) the use of SBA and Farm Service Agency (formerly, Farmers Home Administration) loans for enterprises that are vital to recovery efforts in a disaster area (including debris removal services, manufactured housing, gasoline, telecommunications, or building materials); and (2) such loans to waive any required evaluation of creditworthiness in exchange for a fee set by the SBA or the Farm Service Agency.

What's happening now November 16, 2017

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Democratic 2