Military Reservists Small Business Relief Act of 1999

Summary

Military Reservists Small Business Relief Act of 1999 - Amends the Small Business Act to require the Small Business Administration (SBA), upon written request, to defer repayment of principal and interest due on a direct general business or disaster loan made to a member of the reserves ordered to active duty during a period of military conflict, as long as such reservist: (1) received the loan before being ordered to such duty; and (2) is the owner, manager, or key employee of a small business for which the loan was made. Extends such deferral period until 180 days after such reservist is discharged or released from active duty. Directs the SBA to encourage lenders and loan intermediaries participating in other SBA loan programs to defer repayment of similar loans as well as loans made under the Small Business Investment Act of 1958. Authorizes the SBA to make disaster loans to assist a small business that has or is likely to suffer economic injury as the result of the owner, manager, or key employee of such business being ordered to active duty during a period of military conflict. Extends such assistance until 180 days after such reservist is discharged or released from such duty. Provides a loan limitation. Applies such assistance to periods of military conflict occurring on or after March 24, 1999. Directs the SBA to utilize its entrepreneurial development and management assistance programs to provide business counseling and training to any small business adversely affected by the deployment of units of U.S. armed forces in support of a period of military conflict. Requires the SBA, for the duration of Operation Allied Force and 120 days thereafter, to enhance its publicity of the availability of such assistance.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 28 April 1999

   Introduced

   Referred to the House Committee on Small Business.

   Source: IntroReferral

2. 28 April 1999

   Introduced

   Sponsor introductory remarks on measure. (CR E797)

   Source: IntroReferral

3. 28 April 1999

   Introduced

   Introduced in House

   Source: IntroReferral

4. 28 April 1999

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 28 April 1999 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 April 1999

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 28 April 1999

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 28 April 1999

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Phelps, David D. [D-IL-19] · D · Sponsor
• Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
• Sen. Talent, Jim [R-MO] · R · Sponsor
• Del. Christensen, Donna M. [D-VI-At Large] · D · Sponsor
• Rep. Gonzalez, Charles A. [D-TX-20] · D · Sponsor
• Rep. Evans, Lane [D-IL-17] · D · Sponsor
• Rep. Conyers, John, Jr. [D-MI-13] · D · Sponsor
• Rep. Shows, Ronnie [D-MS-4] · D · Sponsor
• ROBERT BRADY · D · Sponsor
• Rep. Skelton, Ike [D-MO-4] · D · Sponsor
• Rep. Gutierrez, Luis V. [D-IL-4] · D · Sponsor
• Rep. Baird, Brian [D-WA-3] · D · Sponsor
• Rep. Moore, Dennis [D-KS-3] · D · Sponsor
• Rep. McCarthy, Carolyn [D-NY-4] · D · Sponsor
• Rep. Napolitano, Grace F. [D-CA-32] · D · Sponsor
• Rep. Jones, Stephanie Tubbs [D-OH-11] · D · Sponsor
• Rep. Frost, Martin [D-TX-24] · D · Sponsor
• Rep. Pascrell, Bill, Jr. [D-NJ-9] · D · Sponsor
• Rep. Hinojosa, Ruben [D-TX-15] · D · Sponsor
• Rep. Cunningham, Randy (Duke) [R-CA-50] · R · Cosponsor
• Rep. Johnson, Eddie Bernice [D-TX-30] · D · Cosponsor
• Sen. Udall, Tom [D-NM] · D · Cosponsor
• Rep. Davis, Danny K. [D-IL-7] · D · Cosponsor
• Rep. Davis, Jim [D-FL-11] · D · Cosponsor
• Rep. Millender-McDonald, Juanita [D-CA-37] · D · Cosponsor
• Rep. Bereuter, Doug [R-NE-1] · R · Cosponsor
• · hssm00 · Standing

Related records

• related to ← Veterans Entrepreneurship and Small Business Development Act of 1999
• related to ← Military Reservists Small Business Relief Act of 1999