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H.R. 4792 (115th): Small Business Access to Capital After a Natural Disaster Act

The text of the bill below is as of Jan 29, 2018 (Reported by House Committee).


IB

Union Calendar No. 394

115th CONGRESS

2d Session

H. R. 4792

[Report No. 115–529]

IN THE HOUSE OF REPRESENTATIVES

January 12, 2018

introduced the following bill; which was referred to the Committee on Financial Services

January 29, 2018

Additional sponsors: Ms. Sinema, Ms. Plaskett, and Mr. Al Green of Texas

January 29, 2018

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed


A BILL

To amend the Securities Exchange Act of 1934 to expand access to capital for small businesses affected by hurricanes or other natural disasters, and for other purposes.


1.

Short title

This Act may be cited as the Small Business Access to Capital After a Natural Disaster Act.

2.

Expanding access to capital for small businesses impacted by a natural disaster

Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended—

(1)

in subsection (j)(4)(C), by striking minority-owned and women-owned small businesses and inserting minority-owned small businesses, women-owned small businesses, and small businesses affected by hurricanes or other natural disasters; and

(2)

in subsection (j)(6)(B)(iii), by striking minority-owned and women-owned small businesses and inserting minority-owned small businesses, women-owned small businesses, and small businesses affected by hurricanes or other natural disasters.

January 29, 2018

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed