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United States · Bill · S

S. 360 (102nd)

Military Reservists Small Business relief Act

openUnited States· United States Congress· EN

Introduced

6 February 1991

Last action

14 March 1991 · Floor

Status

Indefinitely postponed by Senate by Unanimous Consent.

Sponsors

Sen. Bumpers, Dale [D-AR], Sen. Kasten, Robert W., Jr. [R-WI], Sen. Nunn, Sam [D-GA], Sen. Dixon, Alan J. [D-IL], Sen. Lieberman, Joseph I. [ID-CT], Sen. Grassley, Chuck [R-IA], Sen. Harkin, Tom [D-IA], Sen. Kerry, John F. [D-MA], Sen. Mikulski, Barbara A. [D-MD], Sen. Baucus, Max [D-MT], Sen. Sasser, Jim [D-TN], Sen. Moynihan, Daniel Patrick [D-NY], Sen. Pell, Claiborne [D-RI], Sen. D'Amato, Alfonse [R-NY], Sen. Daschle, Thomas A. [D-SD], Sen. Helms, Jesse [R-NC], Sen. Levin, Carl [D-MI], Sen. Pressler, Larry [R-SD], Sen. Kohl, Herb [D-WI], Sen. Inouye, Daniel K. [D-HI], Sen. Shelby, Richard C. [R-AL], Sen. Boren, David L. [D-OK], Sen. Stevens, Ted [R-AK], Sen. Gorton, Slade [R-WA], Sen. Sanford, Terry [D-NC], Sen. Akaka, Daniel K. [D-HI], Sen. Wellstone, Paul D. [D-MN], Sen. Lott, Trent [R-MS], Sen. Bentsen, Lloyd M. [D-TX], Sen. Wofford, Harris [D-PA], Sen. Graham, Bob [D-FL], Sen. DeConcini, Dennis [D-AZ], Sen. Cochran, Thad [R-MS]

Subjects

Defence, Budget

Source updated

14 January 2025

Defence · Budget

Official sourceDownload fileView documentsShare

Summary

Military Reservists Small Business Relief Act - Amends the Small Business Act to direct the Small Business Administration (the Administration) to defer, upon request, repayment on any direct loan incurred by a member of a reserve component of the armed forces prior to being ordered to active duty. Provides that during the deferral period repayment of principal and interest on the loan shall not be required, and no interest will accrue thereon. Prescribes guidelines for economic injury disaster loan assistance for military reservists' small businesses. Directs the Administration to: (1) utilize all its business development and management assistance programs (including State and private sector partners) to provide business counseling and training to small businesses adversely affected by the deployment of armed forces units in military or emergency situations; and (2) publicize such programs. States that for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) all direct and discretionary spending contained in this Act are emergency expenditures related to Operation Desert Shield, Operation Desert Storm, or any successor thereto.

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

Timeline

  1. 6 February 1991

    Introduced

    Read twice and referred to the Committee on Small Business.

    Source: IntroReferral

  2. 6 February 1991

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 20 February 1991

    Reported

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

    Source: Committee

  4. 28 February 1991

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 27.

    Source: Calendars

  5. 28 February 1991

    Reported

    Committee on Small Business. Reported to Senate by Senator Bumpers with an amendment in the nature of a substitute. Without written report.

    Source: Committee

  6. 28 February 1991

    Reported

    Committee on Small Business. Reported to Senate by Senator Bumpers with an amendment in the nature of a substitute. Without written report.

    Source: Committee

  7. 14 March 1991

    Floor

    Indefinitely postponed by Senate by Unanimous Consent.

    Source: Floor

Votes

No vote records are attached yet.

Versions

Documents

4 official files

Reported to Senate (text)

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  • Reported to Senate (text)

    Reported to Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

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  • Reported to Senate with amendment(s)

    summary · EN · 28 February 1991

    Open at official source

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  • Introduced in Senate

    summary · EN · 6 February 1991

    Open at official source

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Sponsors

Related records

Sources

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