HR 8537 · 116th Congress · Commerce

To direct the Administrator of the Small Business Administration to modify any caps on emergency EIDL advances to certain veterans service organizations, and for other purposes.

Introduced 2020-10-06· Sponsored by Rep. Golden, Jared F. [D-ME-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2020-10-06)

Plain Language Summary

[AI summary unavailable — showing source text] This bill prohibits the Small Business Administration from placing a cap that is less than $5,000 on any advance for an economic injury disaster loan that is made in response to COVID-19 (i.e., coronavirus disease 2019) to a veterans service organization (VSO) with only one employee. A VSO aids veterans with the preparation, presentation, and prosecution of claims under laws administered by the Department of Veterans Affairs.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican