118th Congress · HOUSE BILLBILL

H.R. 2966PREPARE Act

To reauthorize and limit the pre-disaster mitigation program of the Small Business Administration, and for other purposes.

Commerce
Introduced Apr 27, 2023
Last action Apr 27, 2023
Pipeline · Bill → Law
Step 1
Introduced
Apr 27, 2023
Step 2
Referred
Apr 27, 2023
Small Business
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill reauthorizes through FY2028 a pre-disaster mitigation program, administered by the Small Business Administration, for disbursing economic injury disaster loans to small businesses for protection of real estate, equipment, inventory, supplies, and materials. The bill also increases the amount for loans to take mitigating actions to protect damaged or destroyed property from possible future disasters.

Provisions · 3 sectionsIntroduced in House
Timeline · 2 actions
Apr 27, 2023
Introduced in House
Apr 27, 2023
Referred to the House Committee on Small Business.