To amend the Small Business Act to provide low-interest loans to small business concerns providing transportation services to assist them in dealing with high motor fuel prices.
Latest action · Sep 17, 2008 Referred to the House Committee on Small Business.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 17, 2008
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Small Business Act to authorize the Small Business Administration (SBA) to make disaster loans to assist eligible small businesses that have suffered or are likely to suffer substantial economic injury as the result of increases in the price of gasoline or diesel fuel. Makes eligible for such loans small businesses engaged in the transportation of persons or property for hire. Limits loan amounts to $250,000, with an authorized waiver by the SBA.
States that, for purposes of such assistance, no declaration of a disaster area is required.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Sep 17, 2008 to Sep 22, 2008, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CO | John T. Salazar | Original | Sep 17, 2008 |
| D-WA | Norman D. Dicks | Original | Sep 17, 2008 |
| D-OR | Peter A. DeFazio | Original | Sep 17, 2008 |
| D-SD | Stephanie Herseth Sandlin | Original | Sep 17, 2008 |
| D-NY | Kirsten E. Gillibrand | Sep 22, 2008 |
Actions 2
Everything that happened, newest first.
- Sep 17, 2008Introduced in House
- Sep 17, 2008Referred to the House Committee on Small Business.
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 1
Each version as it was printed, newest first.
- Sep 17, 2008Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.