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PREPARE Act

Introduced: May 13, 2021 Introduced by: Morelle, Joseph D. 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
May 13, 2021
Referred to the House Committee on Small Business.
May 13, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Providing Resources for Emergency Preparedness And Resilient Enterprises Act or the PREPARE Act

This bill reauthorizes through FY2026 a pre-disaster mitigation program, administered by the Small Business Administration, for disbursing economic injury disaster loans to small businesses for protection of real estate, equipment, inventory, supplies, and materials. The bill also increases the amount for loans to take mitigating actions to protect damaged or destroyed property from possible future disasters.

What's happening now May 13, 2021

Referred to the House Committee on Small Business.

 Committees of jurisdiction 1