Library / Laws / 116th / s / S. 862 / Introduced in Senate
II
116th CONGRESS
1st Session
S. 862
IN THE SENATE OF THE UNITED STATES
March 25, 2019Mr. Kennedy (for himself, Mr. Booker, and Mr. Rubio) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship
A BILL
To repeal the sunset for collateral requirements for Small Business Administration disaster loans.
1.
Short title
This Act may be cited as the Rebuilding Small Businesses After Disasters Act.
2.
Repeal of sunset for collateral requirements for SBA disaster loans
Section 2102 of the RISE After Disaster Act of 2015 (Public Law 114–88; 129 Stat. 690) is amended—
(1) by striking (a) In general.—; and
(2) by striking subsections (b) and (c).