[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3044 Introduced in House (IH)]







104th CONGRESS
  2d Session
                                H. R. 3044

 To amend the Small Business Act to provide disaster assistance loans 
 for small businesses that operate within a unit of the National Park 
   System or the National Wildlife Refuge System, and have suffered 
 substantial economic injury as a result of a partial shutdown of the 
 Federal Government during the period beginning December 15, 1995, and 
                        ending January 5, 1996.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 7, 1996

   Mr. Goss introduced the following bill; which was referred to the 
                      Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
 To amend the Small Business Act to provide disaster assistance loans 
 for small businesses that operate within a unit of the National Park 
   System or the National Wildlife Refuge System, and have suffered 
 substantial economic injury as a result of a partial shutdown of the 
 Federal Government during the period beginning December 15, 1995, and 
                        ending January 5, 1996.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Parks and Refuges Small Business 
Fairness Act of 1996''.

SEC. 2. DISASTER ASSISTANCE LOANS FOR CERTAIN SMALL BUSINESSES THAT 
              SUFFERED SUBSTANTIAL ECONOMIC INJURY AS A RESULT OF A 
              PARTIAL FEDERAL GOVERNMENT SHUTDOWN DURING THE PERIOD 
              BEGINNING DECEMBER 15, 1995, AND ENDING JANUARY 5, 1996.

    Section 7(b) of the Small Business Act (15 U.S.C. 636(b)) is 
amended by inserting after the first proviso following paragraph (2) 
the following new paragraph:
    ``(3)(A) To make such disaster loans (either directly or in 
cooperation with banks or other lending institutions through agreements 
to participate on an immediate or deferred basis) as the Administration 
may determine to be necessary to assist any small business concern that 
has a concessions contract or incidental business license to operate 
within a unit of the National Park System or the National Wildlife 
Refuge System, and has suffered substantial economic injury as a result 
of a partial shutdown of the Federal Government during the period 
beginning December 15, 1995, and ending January 5, 1996.
    ``(B) No disaster loan may be made under this paragraph to an 
applicant if the applicant can obtain credit elsewhere.
    ``(C) No disaster loan may be made under this paragraph in an 
amount that exceeds $100,000 nor may the proceeds of such a loan be 
used to reduce the exposure of any other lender.
    ``(D) The Administration may permit deferral of payment of 
principal and interest for a 1-year period on loans made under this 
paragraph.''.
    ``(E) The interest rate on any loan made under this subsection 
shall not exceed 4 percent per year.
                                 <all>