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Text of the Gulf Coast Disadvantaged Business Relief Act of 2011

This bill was introduced on September 6, 2011, in a previous session of Congress, but was not enacted. The text of the bill below is as of Sep 6, 2011 (Introduced).

Source: GPO

II

112th CONGRESS

1st Session

S. 1511

IN THE SENATE OF THE UNITED STATES

September 6, 2011

introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

A BILL

To extend the participation term for small business concerns affected by Hurricane Katrina or Hurricane Rita in certain programs, and for other purposes.

1.

Short title

This Act may be cited as the Gulf Coast Disadvantaged Business Relief Act of 2011.

2.

Definitions

In this Act—

(1)

the term Administrator means the Administrator of the Small Business Administration;

(2)

the term covered parish or county means a parish in the State of Louisiana, or a county in the State of Mississippi or the State of Alabama, that has been designated by the Administrator as a disaster area by reason of Hurricane Katrina of 2005 or Hurricane Rita of 2005 under disaster declaration 10176, 10177, 10178, 10179, 10180, 10181, 10205, or 10206; and

(3)

the term small business concern has the meaning given that term under section 3 of the Small Business Act (15 U.S.C. 632).

3.

Extension of participation term for victims of hurricane Katrina or hurricane Rita

(a)

Retroactivity

If a small business concern, while participating in any program or activity under the authority of section 7(j)(10) of the Small Business Act (15 U.S.C. 636(j)(10)), was located in a covered parish or county and was affected by Hurricane Katrina of 2005 or Hurricane Rita of 2005, the period during which the small business concern is permitted continuing participation and eligibility in the program or activity shall be extended for 24 months after the date such participation and eligibility would otherwise terminate.

(b)

Review and compliance

The Administrator shall ensure that the case of every small business concern participating before the date of enactment of this Act in a program or activity described in subsection (a) is reviewed and brought into compliance with this Act.