3.0.0 1807 2023-01-13T04:49:59Z 2023-01-13T04:49:59Z Senate S S 2005-09-30 109 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2005-09-30T18:41:07Z 2005-09-30 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2005-09-30 Sponsor introductory remarks on measure. (CR S10799-10801) IntroReferral B00100 9 Library of Congress 2005-09-30 Introduced in Senate IntroReferral 10000 9 Library of Congress S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. N K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2005-09-30 True V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2005-09-30 True L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2005-09-30 True T000024 Sen. Talent, Jim [R-MO] JIM TALENT R MO 2005-09-30 True K000105 Sen. Kennedy, Edward M. [D-MA] EDWARD KENNEDY D MA MOORE 2005-09-30 True C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2005-09-30 True B001233 Sen. Bayh, Evan [D-IN] EVAN BAYH D IN 2005-09-30 True C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2005-11-08 False P000590 Sen. Pryor, Mark L. [D-AR] Mark Pryor D AR Lunsford 2006-01-25 False Commerce Administrative procedure Agriculture and Food Alabama Armed Forces and National Security Congress Congressional reporting requirements Cooperative societies Counseling Department of Agriculture Depressed areas Disaster loans Disaster relief Economics and Public Finance Emergency Management Energy Energy prices Federally-guaranteed loans Finance and Financial Sector Floods Florida Fuel Government Operations and Politics Government lending Government procurement Grants-in-aid Heating Hurricane aftermath legislation Hurricanes Labor and Employment Law Loan defaults Louisiana Mississippi Nonprofit organizations Petroleum Propane Securities Small Business Administration Small business Social Welfare Subcontractors Surety and fidelity Texas Veterans' employment Women Women in business Commerce 00 2005-09-30 Introduced in Senate 2005-10-19T14:35:36Z Small Business Hurricane Relief and Reconstruction Act of 2005 - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to make loans of up to $10 million aggregate to a nonprofit organization located or operating in a disaster area (as designated by the President as a result of Hurricane Katrina or Rita) or providing services to persons who have evacuated from a disaster area. Defers disaster loan payments to the later of one year after the date of enactment of this Act or one year from the date of issuance of the loan (but allows the Administrator to extend such deferral until two years after either date). Authorizes the refinancing of any loan or business debt related to such disasters that was outstanding on August 24, 2005.

Authorizes the Administrator to make loans to small businesses or cooperatives that demonstrate a direct adverse economic impact caused by either Hurricane Katrina or Rita.

Authorizes the Administrator to make loans to small businesses that have or are likely to suffer substantial economic injury on or after August 24, 2005, as the result of a significant increase in the price of heating oil, natural gas, propane, or kerosene. Amends the Consolidated Farm and Rural Development Act to authorize such loans for farms that are also a small business and that suffer substantial economic injury after such date as the result of a significant increase in energy or input costs.

Authorizes the Administrator to: (1) make supplemental emergency loans to small businesses located anywhere in the United States that are directly adversely affected by Hurricane Katrina or Rita; and (2) guarantee timely payment on any debentures issued by small business development companies after Hurricane Katrina or Rita.

Increases authorized funding for small business loan programs. Authorizes appropriations to the Secretary of Commerce for grants to state government agencies in Louisiana, Alabama, Mississippi, Texas, and Florida, for relief from damages caused by Hurricane Katrina or Rita.

Authorizes appropriations to the SBA for specified small business development and counseling activities.

Directs or authorizes the Administrator, with respect to small businesses affected by Hurricane Katrina or Rita, to: (1) establish a contracting outreach and technical assistance program; (2) provide performance bonding; and (3) increase the goal of participation in federal prime contracts and subcontracts.

]]> Small Business Hurricane Relief and Reconstruction Act of 2005 Display Title Small Business Hurricane Relief and Reconstruction Act of 2005 Official Title as Introduced A bill to provide assistance for small businesses damaged by Hurricane Katrina or Hurricane Rita, and for other purposes. Introduced in Senate IS Short Titles as Introduced Small Business Hurricane Relief and Reconstruction Act of 2005 Introduced in Senate 2005-09-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s1807is/xml/BILLS-109s1807is.xml 2005-09-30 Read twice and referred to the Committee on Small Business and Entrepreneurship. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.