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United States · Bill · HR

H.R. 565 (110th)

Small Business Disaster Loan Improvement Act of 2007

referredUnited States· United States Congress· EN

Introduced

18 January 2007

Last action

Status

Referred to the House Committee on Small Business.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Small Business Disaster Loan Improvement Act of 2007 - Amends the Small Business Act to prohibit the Administrator of the Small Business Administration (SBA), in determining whether a person is eligible for a loan under the SBA's disaster loan program with respect to a catastrophic incident, or in determining the amount of such loan, to consider the extent to which: (1) the loss or injury of the person is compensated for by insurance or otherwise; or (2) the person paid insurance proceeds to a recorded lienholder. Deems the 2005 Hurricanes Katrina, Wilma, and Rita as catastrophic incidents for purposes of this Act.

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Documents

3 official files

Introduced in House (text)

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Sources

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