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HR 2936 116th 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 2019

Introduced: May 22, 2019 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
Jun 21, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
May 22, 2019
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.
May 22, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Small Business Disaster Relief Act of 2019

This bill provides relief funding for small businesses and enterprises deemed vital to recovery efforts in a disaster area.

Specifically, the bill authorizes the Small Business Administration (SBA) to exceed the $100,000 cap on small business development center assistance grants to accommodate extraordinary occurrences that have a catastrophic impact on small business concerns in a community.

The bill also authorizes the SBA and the Farm Service Agency to provide loans for enterprises that are vital to disaster recovery efforts. Such loans shall be made without reference to limitations imposed by other laws and may waive any required evaluation of creditworthiness in exchange for a fee.

What's happening now June 21, 2019

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

 Committees of jurisdiction 3