To establish the Office of Hurricane Harvey Small Business Recovery Grants in the Small Business Administration to compensate certain small business concerns for substantial economic injury suffered as a result of Hurricane Harvey in August 2017.
Hurricane Harvey Small Business Recovery Grants Act
This bill establishes within the Small Business Administration (SBA) the Office of Hurricane Harvey Small Business Recovery Grants to compensate small businesses, located in a qualified disaster area, for substantial economic injury they suffered resulting from Hurricane Harvey beginning August 25, 2017, and ending August 25, 2018. This compensation (1) excludes interest on the amount of the payment before the settlement or payment of a claim or any punitive or noncompensatory damages; and (2) is limited to $100,000, except in cases where the SBA determines that a greater amount up to $250,000 is appropriate.
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Introduced in House
Introduced in House
Referred to the Committee on Small Business, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Small Business, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
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