A bill to clarify the authority of the Small Business Administration to make disaster assistance loans to small businesses in case of disasters determined by the Secretary of Agriculture.

Summary

Amends the Small Business Act to authorize the Administrator of the Small Business Administration to make disaster assistance loans to small business concerns within drought disaster areas, without regard to whether such a concern's economic loss is directly related to agricultural production losses. Imposes a civil penalty for wrongful misapplication of loan proceeds.

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

Timeline

1. 20 February 1990

   Introduced

   Read twice and referred to the Committee on Small Business.

   Source: IntroReferral

2. 20 February 1990

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 20 February 1990

  Open at official source

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Sponsors

• Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
• Sen. Conrad, Kent [D-ND] · D · Sponsor
• Sen. Baucus, Max [D-MT] · D · Sponsor
• Sen. Gorton, Slade [R-WA] · R · Cosponsor
• Sen. Kohl, Herb [D-WI] · D · Cosponsor
• Sen. Wirth, Timothy [D-CO] · D · Cosponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Cosponsor
• Sen. Kasten, Robert W., Jr. [R-WI] · R · Cosponsor
• Sen. Grassley, Chuck [R-IA] · R · Cosponsor
• · sssb00 · Standing

Related records

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