S.1709: Small Business Disaster Assistance Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about commerce
  • Introduced Oct. 13, 2011
  • Latest Major Action Oct. 13, 2011

Bill Sponsor

Bill Summary

Small Business Disaster Assistance Act of 2011 - Reduces temporarily, through September 30, 2014, the interest rate on the federal share of certain Small Business Administration (SBA) disaster loans (to repair, rehabilitate, replace, or refinance property damaged or destroyed by or as a result of a natural or other disaster) made to businesses on or after August 26, 2011. Sets forth temporary rates of: (1) 1% per year, in the case of a...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Oct. 13, 2011

Introduced in the Senate by Bob Casey (D-Pa.)

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