skip to main content

S. 862: Rebuilding Small Businesses After Disasters Act

Call or Write Congress

A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.

The bill’s titles are written by its sponsor.

Sponsor and status

John Kennedy

Sponsor. Junior Senator for Louisiana. Republican.

Read Text »
Last Updated: Aug 1, 2019
Length: 4 pages
Introduced
Mar 25, 2019
Status

Passed Senate (House next) on Aug 1, 2019

This bill passed in the Senate on August 1, 2019 and goes to the House next for consideration.

Prognosis
3% chance of being enacted according to Skopos Labs (details)
Source

Position statements

What legislators are saying

Small Business Committee Reports Out Tryon Nomination, Legislation to Protect Small Business From Cyber Threats
    — Sen. Marco Rubio [R-FL] (Co-sponsor) on Mar 27, 2019

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform SpendingTracker.org estimates new spending due to S. 862 will be negligible.

History

Mar 25, 2019
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Mar 27, 2019
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Aug 1, 2019
 
Passed Senate (House next)

The bill was passed in a vote in the Senate. It goes to the House next. The vote was by Voice Vote so no record of individual votes was made.

If this bill has further action, the following steps may occur next:
 
Passed House

 
Signed by the President

S. 862 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“S. 862 — 116th Congress: Rebuilding Small Businesses After Disasters Act.” www.GovTrack.us. 2019. October 15, 2019 <https://www.govtrack.us/congress/bills/116/s862>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.