HR 2966
118th Congress
House
Commerce
PREPARE Act
Introduced: April 27, 2023
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
Apr 27, 2023
Referred to the House Committee on Small Business.
Apr 27, 2023
Introduced in House
Plain-English summary
Providing Resources for Emergency Preparedness And Resilient Enterprises Act or the PREPARE Act
This bill reauthorizes through FY2028 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
Referred to the House Committee on Small Business.
Committees of jurisdiction
1