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.

Introduced 1977-04-19· Sponsored by Sen. Haskell, Floyd K. [D-CO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Measure indefinitely postponed in Senate.(1977-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (8)

5 Democrats3 Republicans