Bill Sponsor
Senate Bill 1853
115th Congress(2017-2018)
Small Business Disaster Relief Act of 2017
Introduced
Introduced
Introduced in Senate on Sep 25, 2017
Overview
Text
Introduced
Sep 25, 2017
Latest Action
Sep 25, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1853
Congress
115
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Democrat
Florida
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Small Business Disaster Relief Act of 2017

This bill amends the Small Business Act to authorize the Small Business Administration (SBA) to exceed the $100,000 limit on small business development center assistance grants to accommodate extraordinary occurrences having a catastrophic impact on small business concerns in a community.

The bill amends the Disaster Relief Act of 1970 to permit: (1) the use of SBA and Farm Service Agency (formerly, Farmers Home Administration) loans for enterprises that are vital to recovery efforts in a disaster area (including debris removal services, manufactured housing, gasoline, telecommunications, or building materials); and (2) such loans to waive any required evaluation of creditworthiness in exchange for a fee set by the SBA or the Farm Service Agency.

Text (1)
September 25, 2017
Actions (2)
09/25/2017
Read twice and referred to the Committee on Small Business and Entrepreneurship.
09/25/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:38:33 PM