RECOVER Act

Summary

Relief for Entrepreneurs: Coordination of Objectives and Values for Effective Recovery Act of 2007 or RECOVER Act - Amends the Small Business Act to, among other things: (1) direct the Administrator of the Small Business Administration (SBA) to develop, implement, and maintain a comprehensive written disaster response plan, and to maintain a disaster reserve corps; (2) establish an Associate Administrator for Disaster Assistance; (3) authorize SBA disaster loans for incidents of national significance; (4) direct the Administrator to carry out an Immediate Disaster Assistance program; (5) provide a revised disbursement process for SBA disaster loans; (6) provide enhanced lending authority for private lenders; (7) authorize SBA grants to small businesses located in disaster areas upon their certification that they will reestablish the business in the same area; and (8) require annual SBA reports on disaster assistance operations.

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Documents

11 official files

• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 3 August 2007

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• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 3 August 2007

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• Engrossed in House (text)

  Engrossed in House · EN · 18 April 2007

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• Engrossed in House (PDF)

  Engrossed in House · EN · 18 April 2007

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• Passed House amended

  summary · EN · 18 April 2007

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• Reported in House (text)

  Reported in House · EN · 30 March 2007

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• Reported in House (PDF)

  Reported in House · EN · 30 March 2007

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• Reported to House with amendment(s)

  summary · EN · 30 March 2007

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• Introduced in House (text)

  Introduced in House · EN · 6 March 2007

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• Introduced in House (PDF)

  Introduced in House · EN · 6 March 2007

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• Introduced in House

  summary · EN · 6 March 2007

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