Small Business Drought Relief Act of 2003

Fact Sheet API

Bill Number

HR 565

Introduced

Feb 5, 2003

Latest Action

Referred to the House Committee on Small Business.

Sponsor

Cosponsors

Topics

Commerce Disaster loans Droughts Economics and Public Finance Emergency Management Federal-state relations Finance and Financial Sector Government lending Government Operations and Politics Government paperwork Small business Water Resources Development

Full Text

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Votes

Summary

Small Business Drought Relief Act of 2003 - Amends the Small Business Act to include drought within the definition of "disaster" for purposes of disaster loans provided to small businesses through the Small Business Administration (SBA).

Requires the SBA, within 30 days after receiving a State governor's certification that small businesses in that State have suffered economic injury as a result of a disaster, to respond in writing to that governor regarding the extent to which the SBA intends to exercise its authority concerning the provision of disaster loan assistance.

Actions

Feb 5, 2003

Referred to the House Committee on Small Business.
Feb 5, 2003

Introduced in House

Amendments

Related Bills