S 1305 · 95th Congress · Emergency Management
A bill to amend the Small Business Act to authorize the making of economic injury disaster loans in certain extraordinary circumstances without a disaster declaration.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Measure indefinitely postponed in Senate.(1977-07-27)
Plain Language Summary
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Amends the Small Business Act to authorize the making of economic injury disaster loans not in excess of $100,000 each to small businesses where a disaster has occurred but where a disaster has not been declared by the Governor of a State, provided that the Small Business Administration has determined that such businesses have suffered economic injury as a result of the disaster and are in need of financial assistance which is not available on reasonable terms in the disaster-stricken area.…
Summarized by Claude AI · Non-partisan · For informational purposes only