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United States · Bill · S

S. 918 (106th)

Military Reservists Small Business Relief Act of 1999

referredUnited States· United States Congress· EN

Introduced

29 April 1999

Last action

29 July 1999 · Floor

Status

Referred to the House Committee on Small Business.

Sponsors

Sen. Kerry, John F. [D-MA], Sen. Bond, Christopher S. [R-MO], Sen. Bingaman, Jeff [D-NM], Sen. Landrieu, Mary L. [D-LA], Rep. Harkin, Tom [D-IA-5], Sen. Lieberman, Joseph I. [D-CT], Sen. Wellstone, Paul D. [D-MN], Sen. Kohl, Herb [D-WI], Sen. Burns, Conrad R. [R-MT], Sen. Robb, Charles S. [D-VA], Sen. Edwards, John [D-NC], Sen. Levin, Carl [D-MI], Sen. Graham, Bob [D-FL], Rep. Snowe, Olympia J. [R-ME-2], Rep. Akaka, Daniel K. [D-HI-2], Patty Murray, Sen. Cleland, Max [D-GA], Sen. Kennedy, Edward M. [D-MA], Rep. Jeffords, James M. [R-VT-At Large], Susan Collins, Sen. Abraham, Spencer [R-MI], Sen. Leahy, Patrick J. [D-VT], Rep. Baucus, Max [D-MT-1], Sen. Kerrey, J. Robert [D-NE], Chuck Grassley, Sen. Moynihan, Daniel Patrick [D-NY], Sen. Lincoln, Blanche L. [D-AR], Sen. Bayh, Evan [D-IN], Sen. Chafee, John H. [R-RI], Sen. Lautenberg, Frank R. [D-NJ], Rep. Cochran, Thad [R-MS-4], Sen. Daschle, Thomas A. [D-SD], Sen. Gorton, Slade [R-WA], Sen. Helms, Jesse [R-NC], Sen. Santorum, Rick [R-PA], Sen. Thurmond, Strom [R-SC], Sen. Hollings, Ernest F. [D-SC], Rep. Breaux, John B. [D-LA-7], Ron Wyden, Rep. DeWine, Mike [R-OH-7], Sen. Rockefeller, John D., IV [D-WV], Rep. Inhofe, James M. [R-OK-1], Rep. Gregg, Judd [R-NH-2], Rep. Dodd, Christopher J. [D-CT-2], Sen. Mikulski, Barbara A. [D-MD], Sen. Sarbanes, Paul S. [D-MD], Sen. Smith, Gordon H. [R-OR], Sen. Bennett, Robert F. [R-UT]

Subjects

Defence

Source updated

7 April 2025

Defence

Official sourceDownload fileView documentsShare

Summary

Military Reservists Small Business Relief Act of 1999 - Amends the Small Business Act to require the Small Business Administration (SBA), upon written request, to defer repayment of principal and interest due on a direct general business or disaster loan made to a member of the reserves ordered to active duty during a period of military conflict, as long as such reservist: (1) received the loan before being ordered to such duty; and (2) is the owner, manager, or key employee of a small business for which the loan was made. Extends such deferral period until 180 days after such reservist is discharged or released from active duty. Directs the SBA to encourage lenders and loan intermediaries participating in other SBA loan programs to defer repayment of similar loans as well as loans made under the Small Business Investment Act of 1958. Authorizes the SBA to make disaster loans to assist a small business that has or is likely to suffer economic injury as the result of the owner, manager, or key employee of such business being ordered to active duty during a period of military conflict. Extends such assistance until 180 days after such reservist is discharged or released from such duty. Provides a loan limitation. Applies such assistance to periods of military conflict occurring on or after March 24, 1999. Directs the SBA to utilize its entrepreneurial development and management assistance programs to provide business counseling and training to any small business adversely affected by the deployment of units of U.S. armed forces in support of a period of military conflict. Requires the SBA, for the duration of Operation Allied Force and 120 days thereafter, to enhance its publicity of the availability of such assistance.

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

Timeline

  1. 29 April 1999

    Introduced

    Read twice and referred to the Committee on Small Business.

    Source: IntroReferral

  2. 29 April 1999

    Introduced

    Sponsor introductory remarks on measure. (CR S4448-4449)

    Source: IntroReferral

  3. 29 April 1999

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 9 June 1999

    Reported

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

    Source: Committee

  5. 23 June 1999

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 166.

    Source: Calendars

  6. 23 June 1999

    Reported

    Committee on Small Business. Reported to Senate by Senator Bond with an amendment in the nature of a substitute. With written report No. 106-84.

    Source: Committee

  7. 23 June 1999

    Reported

    Committee on Small Business. Reported to Senate by Senator Bond with an amendment in the nature of a substitute. With written report No. 106-84.

    Source: Committee

  8. 27 July 1999

    Passed

    Passed Senate with an amendment by Unanimous Consent. (consideration: CR S9441-9444)

    Source: Floor

  9. 27 July 1999

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(consideration: CR S9441-9444)

    Source: Floor

  10. 29 July 1999

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  11. 29 July 1999

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  12. 29 July 1999

    Floor

    Received in the House.

    Source: Floor

Votes

No vote records are attached yet.

Versions

Documents

11 official files

Sponsors

Showing 48 of 55 sponsors and actors.

Related records

Sources

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