Bill Sponsor
Senate Bill 862
116th Congress(2019-2020)
Rebuilding Small Businesses After Disasters Act
Became Law
Amendments
Became Law
Became Public Law 116-70 on Nov 22, 2019
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S. 862 (Introduced-in-Senate)


116th CONGRESS
1st Session
S. 862


To repeal the sunset for collateral requirements for Small Business Administration disaster loans.


IN THE SENATE OF THE UNITED STATES

March 25, 2019

Mr. Kennedy (for himself, Mr. Booker, and Mr. Rubio) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship


A BILL

To repeal the sunset for collateral requirements for Small Business Administration disaster loans.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Rebuilding Small Businesses After Disasters Act”.

SEC. 2. Repeal of sunset for collateral requirements for SBA disaster loans.

Section 2102 of the RISE After Disaster Act of 2015 (Public Law 114–88; 129 Stat. 690) is amended—

(1) by striking “(a) In general.—”; and

(2) by striking subsections (b) and (c).