,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #fhbf  ,,in ,,the ,,house ,,of  
,,representatives  ,september #ac1      
#bjah,ms4 ,velzquez introduced the      
following bill2 which was referred to   
the ,committee on ,small ,business  ,a  
,,bill  ,to amend the ,small ,business  
,act to provide for disaster loans to   
repair1 rehabilitate1 or replace        
property damaged or destroyed by        
hurricane ,harvey1 ,irma1 or ,maria1 and
 for other purposes4  #a4 ,short title  
,this ,act may be cited as the ,access  
to ,sufficient ,capital for ,everyone in
 ,natural ,disaster areas ,act of #bjah 
or the ,,ascend ,act of #bjah 4  #b4    
,revised disaster deadline ,section     
#g7;d7 of the ,small ,business ,act 7#ae
 ,u4,s4,c4 #fcf7;d77 is amended by      
adding at the end the following3  7#i7  
,disaster loans for hurricanes ,harvey1 
,irma1 and ,maria  7,a7 ,in general     
,notwithstanding any other provision of 
law1 and subject to the same            
requirements and procedures that are    

used to make loans pursuant to          
subsection 7b71 a small business        
concern1 homeowner1 nonprofit entity1 or
 renter that was located within an area 
and during the time period with respect 
to which a major disaster was declared  
by the ,president under section #dja of 
the ,robert ,t4 ,stafford ,disaster     
,relief and ,emergency ,assistance ,act 
7#db ,u4,s4,c4 #eagj7 by reason of      
hurricane ,harvey1 ,irma1 or ,maria may 
apply to the ,administrator--  7i7 for a
 loan to repair1 rehabilitate1 or       
replace property damaged or destroyed by
 reason of hurricane ,harvey1 ,irma1 or 
,maria2 or  7ii7 if such a small        
business concern has suffered           
substantial economic injury by reason of
 hurricane ,harvey1 ,irma1 or ,maria1   
for a loan to assist such a small       
business concern4  7,b7 ,timing ,the    
,administrator shall select loan        
recipients and make available loans for 
a period of not less than #a year after 
the date on which the ,administrator    

carries out this authority4  7,c7       
,inspector ,general review ,not later   
than #f months after the date on which  
the ,administrator begins carrying out  
this authority1 the ,inspector ,general 
of the ,administration shall initiate a 
review of the controls for ensuring     
applicant eligibility for loans made    
under this paragraph4  4  #c4           
,collateral requirements for disaster   
loans  7a7 ,amendment to the ,,rise     
,after ,disaster ,act of #bjae  7#a7 ,in
 general ,section #bajb of the ,,rise   
,after ,disaster ,act of #bjae is       
amended by striking subsection 7b74     
7#b7 ,effective date ,the amendment made
 by paragraph 7#a7 shall take effect as 
though enacted as part of the ,,rise    
,after ,disaster ,act of #bjae4  7b7    
,sunset ,effective on the date that is  
#e years after the date of enactment of 
this ,act1 section #g7;d77#f7 of the    
,small ,business ,act 7#ae ,u4,s4,c4    
#fcf7;d77#f77 is amended in the third   
proviso--  7#a7 by striking #be1jjj and 

inserting #ad1jjj2 and  7#b7 by         
inserting major before disaster4  7c7   
,report ,not later than #ahj days before
 the date on which the amendments made  
by subsection 7b7 are to take effect1   
the ,administrator of the ,small        
,business ,administration shall submit  
to ,committee on ,small ,business and   
,entrepreneurship of the ,senate and the
 ,committee on ,small ,business of the  
,house of ,representatives a report on  
the effects of the amendments made by   
subsection 7a71 which shall include--   
7#a7 an assessment of the impact and    
benefits resulting from the amendments2 
and  7#b7 a recommendation as to whether
 the amendments should be made          
permanent4