US Congress House Bill 2936 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on May 22 2019 - 25% progression, died in committee
Action: 2019-06-21 - Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Pending: House Commodity Exchanges, Energy, and Credit Committee
Text: Latest bill text (Introduced) [PDF]

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.

Small Business Disaster Relief Act of 2019

Rep. Mike Thompson [D-CA]

Rep. Peter King [R-NY]

Date	Chamber	Action
2019-06-21	House	Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
2019-05-22	House	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.
2019-05-22	House	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.
2019-05-22	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/2936/all-info
Text	https://www.congress.gov/116/bills/hr2936/BILLS-116hr2936ih.pdf