Gulf Coast Back to Business Act of 2007
Latest action · Feb 8, 2007 Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S1792-1793)
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.
- IntroducedFeb 8, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Gulf Coast Back to Business Act of 2007 - Authorizes appropriations for the Economic Development Administration of the Department of Commerce for grants to appropriate state government agencies in Louisiana and Mississippi for small businesses located in disaster areas caused by Hurricanes Katrina or Rita.
Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to defer for a conditional period the payment of principal and interest on disaster loans made to small businesses affected by such hurricanes in the case of loans made before December 31, 2006. Prohibits an increased collateral requirement with respect to the deferred loans.
Includes as a HUBZone (historically underutilized business zone) any area in which the President has declared a major disaster as a result of such hurricanes.
Amends the Small Business Competitive Demonstration Program Act of 1988 to make the small business competitive demonstration program (to test innovative small business procurement methods and procedures) inapplicable, for a conditional period, to any contract related to relief or reconstruction from such hurricanes.
Cosponsors 3
Members who signed on, in the order they did. All signed on Feb 8, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MA | John F. Kerry | Original | Feb 8, 2007 |
| D-CT | Joseph I. Lieberman | Original | Feb 8, 2007 |
| R-MS | Trent Lott | Original | Feb 8, 2007 |
Actions 3
Everything that happened, newest first.
- Feb 8, 2007Introduced in Senate
- Feb 8, 2007Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S1792-1793)
- Feb 8, 2007Sponsor introductory remarks on measure. (CR S1790-1792)
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1243 | Gulf Coast Back to Business Act of 2007 | Identical bill | Mar 1, 2007 |
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
- Alabama
- Commerce
- Depressed areas
- Disaster loans
- Disaster relief
- Economic development
- Economics and Public Finance
- Emergency Management
- Finance and Financial Sector
- Government lending
- Government Operations and Politics
- Government procurement
- Grants-in-aid
- Hurricanes
- Louisiana
- Mississippi
- Small business
Text 1
Each version as it was printed, newest first.
- Feb 8, 2007Introduced in Senate
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.