[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 1440 Introduced in Senate (IS)]

113th CONGRESS
  1st Session
                                S. 1440

  To amend the Small Business Act to allow the use of physical damage 
           disaster loans for the construction of safe rooms.


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                   IN THE SENATE OF THE UNITED STATES

                             August 1, 2013

 Mr. Reid (for Ms. Landrieu) introduced the following bill; which was 
    read twice and referred to the Committee on Small Business and 
                            Entrepreneurship

_______________________________________________________________________

                                 A BILL


 
  To amend the Small Business Act to allow the use of physical damage 
           disaster loans for the construction of safe rooms.

    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 ``Tornado Family Safety Act of 2013''.

SEC. 2. USE OF PHYSICAL DAMAGE DISASTER LOANS.

    Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 
636(b)(1)(A)) is amended--
            (1) by striking ``the Administration may increase'' and 
        inserting ``the Administration may, subject to section 18(a), 
        increase''; and
            (2) by striking ``and modifying structures'' and inserting 
        ``, and modifying structures (including construction of a safe 
        room or similar storm shelter designed to protect property and 
        occupants from tornadoes or other natural disasters)''.
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