Small Business Disaster Response and Loan Improvements Act of 2007

Summary

Small Business Disaster Response and Loan Improvements Act of 2007 - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to: (1) guarantee the payment of principal and interest on private lender loans to small businesses located in a disaster area; and (2) make disaster loans to private nonprofit organizations located or operating in a disaster area. Increases disaster loan caps. Authorizes the Administrator to: (1) allow small business development centers (SBDCs) to provide assistance to a small business located outside the state of the SBDC if the business is in a disaster area; (2) establish a contracting outreach and technical assistance program for small businesses having a significant presence in a disaster area; (3) declare a disaster area as an area of concentrated unemployment or underemployment, or a labor surplus area, for purposes of a contracting priority for local small businesses; and (4) establish and implement a disaster assistance business loan program. Provides for increased public notice of disaster declaration and application periods and deadlines. Authorizes the Administrator to enter into agreements with private contractors to process disaster loans. Requires the Administrator to amend the 2006 hurricane season disaster response plan to apply to major disasters and catastrophic national disasters. Provides for increased congressional oversight of the SBA disaster loan program with respect to presidentially declared disasters. Authorizes the Administrator to make loans to assist small businesses that have or are likely to suffer substantial economic injury as the result of significant increases in the price of heating fuel due to a disaster-related energy emergency.

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

Timeline

1. 4 January 2007

   Introduced

   Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S152-157)

   Source: IntroReferral

2. 4 January 2007

   Introduced

   Sponsor introductory remarks on measure. (CR S151-152)

   Source: IntroReferral

3. 4 January 2007

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 29 March 2007

   Reported

   Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.

   Source: Committee

5. 7 May 2007

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 139.

   Source: Calendars

6. 7 May 2007

   Reported

   Committee on Small Business and Entrepreneurship. Reported by Senator Kerry with an amendment in the nature of a substitute. With written report No. 110-64.

   Source: Committee

7. 7 May 2007

   Reported

   Committee on Small Business and Entrepreneurship. Reported by Senator Kerry with an amendment in the nature of a substitute. With written report No. 110-64.

   Source: Committee

8. 3 August 2007

   Floor

   Measure laid before Senate by unanimous consent. (consideration: CR S10980-10983)

   Source: Floor

9. 3 August 2007

   Passed

   Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text: CR 9/4/2007 S11066-11071)

   Source: Floor

10. 6 August 2007

    Floor

    Message on Senate action sent to the House.

    Source: Floor

11. 4 September 2007

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

12. 4 September 2007

    Floor

    Received in the House.

    Source: Floor

Votes

No vote records are attached yet.

Versions

• Referred in House · 4 September 2007 · Download file
• Engrossed in Senate · 3 August 2007 · Download file
• Reported to Senate · 7 May 2007 · Download file
• Introduced in Senate · 4 January 2007 · Download file

Documents

11 official files

• Referred in House (text)

  Referred in House · EN · 4 September 2007

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• Referred in House (PDF)

  Referred in House · EN · 4 September 2007

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  Vertaal document

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• Engrossed in Senate (text)

  Engrossed in Senate · EN · 3 August 2007

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• Engrossed in Senate (PDF)

  Engrossed in Senate · EN · 3 August 2007

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  Vertaal document

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• Passed Senate amended

  summary · EN · 3 August 2007

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  Vertaal document

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

• Reported to Senate (text)

  Reported to Senate · EN · 7 May 2007

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• Reported to Senate (PDF)

  Reported to Senate · EN · 7 May 2007

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  Vertaal document

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• Reported to Senate with amendment(s)

  summary · EN · 7 May 2007

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  Vertaal document

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• Introduced in Senate (text)

  Introduced in Senate · EN · 4 January 2007

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  Vertaal document

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 January 2007

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  Vertaal document

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

• Introduced in Senate

  summary · EN · 4 January 2007

  Open at official source

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  Vertaal document

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

Sponsors

• Sen. Kerry, John F. [D-MA] · D · Sponsor
• Sen. Snowe, Olympia J. [R-ME] · R · Sponsor
• Sen. Landrieu, Mary L. [D-LA] · D · Sponsor
• Sen. Vitter, David [R-LA] · R · Sponsor
• Sen. Nelson, Bill [D-FL] · D · Cosponsor
• Sen. Isakson, Johnny [R-GA] · R · Cosponsor
• · hssm00 · Standing
• · sssb00 · Standing

Related records

• related to → Food, Conservation, and Energy Act of 2008
• amends ← In the nature of a substitute.
• amends ← To strike the title relating to energy emergencies.
• amends ← To require appropriate reporting regarding the number of full-time employees for either the Office of Disaster Assistance or the Disaster Cadre of the Small Business Administration, to provide appropriate assistance in the event of a catastrophic national disaster, and for other purposes.