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S. 862: Rebuilding Small Businesses After Disasters Act


The text of the bill below is as of Mar 25, 2019 (Introduced).


II

116th CONGRESS

1st Session

S. 862

IN THE SENATE OF THE UNITED STATES

March 25, 2019

(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.

1.

Short title

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

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).