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United States · Bill · HR

H.R. 7552 (116th)

PREPARE Act

referredUnited States· United States Congress· EN

Introduced

9 July 2020

Last action

9 July 2020 · Introduced

Status

Referred to the House Committee on Small Business.

Sponsors

Rep. Morelle, Joseph D. [D-NY-25], Rep. Bergman, Jack [R-MI-1], Rep. Golden, Jared F. [D-ME-2], Rep. Stauber, Pete [R-MN-8], Rep. Stefanik, Elise M. [R-NY-21], Rep. Murphy, Stephanie N. [D-FL-7], Rep. Gibbs, Bob [R-OH-7], Jim Hagedorn, Rep. Mast, Brian J. [R-FL-21], Rep. Garamendi, John [D-CA-8], Rep. Katko, John [R-NY-24], Rep. Pingree, Chellie [D-ME-1], Rep. Luria, Elaine G. [D-VA-2]

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Providing Resources for Emergency Preparedness and Resilient Enterprises Act or the PREPARE Act This bill permanently reauthorizes the pre-disaster mitigation loan program of the Small Business Administration (SBA). Under this program, the SBA may loan up to $500,000 in a 12-month period to small businesses so that such businesses may use mitigation techniques to protect their commercial real estate, equipment, inventory, supplies, and materials from damages related to disasters. The SBA must submit a report on the program that includes information such as (1) the geographic areas in which loan recipients are located, (2) the number and dollar value of loans made, and (3) the estimated aggregate value resulting from the use of funded mitigation techniques.

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

Timeline

  1. 9 July 2020

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 9 July 2020

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 9 July 2020

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 9 July 2020

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 9 July 2020

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 9 July 2020

    Open at official source

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Sponsors

Related records

Sources

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