3.0.0 2482 2023-01-13T04:48:48Z 2023-01-13T04:48:48Z Senate S S 2006-03-30 109 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2006-03-30T22:23:19Z 2006-03-30 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2006-03-30 Sponsor introductory remarks on measure. (CR S2604-2605) IntroReferral B00100 9 Library of Congress 2006-03-30 Introduced in Senate IntroReferral 10000 9 Library of Congress L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA N K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2006-03-30 True B001233 Sen. Bayh, Evan [D-IN] EVAN BAYH D IN 2006-04-06 False Commerce Agricultural cooperatives Agriculture and Food Alabama Arkansas Armed Forces and National Security Congress Congressional reporting requirements Cooperative societies Depressed areas Disaster loans Disaster relief Displaced persons Economic development Economics and Public Finance Emergency Management Environmental Protection Finance and Financial Sector Florida Foreign Trade and International Finance Foreign trade promotion Government Operations and Politics Government lending Government procurement Grants-in-aid Horticulture Hurricane aftermath legislation Hurricanes Labor and Employment Louisiana Mississippi Nonprofit organizations Public Lands and Natural Resources Refuse and refuse disposal Small business Social Welfare Surety and fidelity Texas Unemployment Commerce 00 2006-03-30 Introduced in Senate 2006-05-05T19:29:08Z Gulf Coast Open for Business Act of 2006 - Authorizes appropriations for grants to appropriate state agencies in Louisiana, Alabama, Mississippi, Texas, and Florida for state bridge loan programs in response to economic disruption caused by Hurricanes Katrina, Rita, or Wilma (hurricanes) in 2005.

Requires the Administrator of the Small Business Administration (SBA) to hire a full-time international finance specialist for the SBA's Office of International Trade to help carry out export promotion efforts in Louisiana, Mississippi, Alabama, and Arkansas.

Amends the Small Business Act to waive grant limits in the case of grants made to small business development centers for assisting small businesses affected by the hurricanes. Authorizes the SBA to: (1) allow qualified lenders to process disaster loans and to verify loan losses; (2) make loans to nonprofit organizations that were negatively impacted by the hurricanes or are providing services to persons negatively impacted; and (3) make loans to any small business in the United States negatively impacted by the hurricanes. Provides for the deferred payment of disaster loans. Requires the Administrator to provide daily updates to Congress on the operation of SBA disaster loans in presidentially declared disaster areas.

Requires the Administrator and the head of each federal agency making procurements related to relief, recovery, and reconstruction in areas affected by the hurricanes to set a goal for small business subcontracts with respect to such procurements. Requires the use of local firms and individuals in the use of federal funds for debris clearance, distribution of supplies, reconstruction, and other emergency assistance activities in hurricane-affected areas. Directs the Administrator to submit to the congressional small business committees a 2006 Atlantic hurricane season disaster response plan.

]]> Gulf Coast Open for Business Act of 2006 Display Title Gulf Coast Open for Business Act of 2006 Official Title as Introduced A bill to authorize funding for State-administered bridge loan programs, to increase the access of small businesses to export assistance center services in areas in which the President declared a major disaster as a result of Hurricane Katrina of 2005, Hurricane Rita of 2005, or Hurricane Wilma of 2005, to authorize additional disaster loans, to require reporting regarding the administration of the disaster loan programs, and for other purposes. Introduced in Senate IS Short Titles as Introduced Gulf Coast Open for Business Act of 2006 Introduced in Senate 2006-03-30T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s2482is/xml/BILLS-109s2482is.xml 2006-03-30 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.