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S.415: Small Business Disaster Reform Act of 2013

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about commerce
You can read the bill
Sponsor Mary L. Landrieu, D-La.
Total Cosponsors 8 (5 Democrats, 3 Republicans)
Introduced Feb. 28, 2013
Latest Major Action July 31, 2013
See it on GovTrack
See it on C-SPAN

Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

Small Business Disaster Reform Act of 2013 - Amends the Small Business Act with respect to obtaining the best available collateral for a disaster loan of not more than $200,000 relating to damage to or destruction of the property of, or economic injury to, a small business concern. Prohibits the Administrator of the Small Business Administration (SBA), in obtaining such collateral, from requiring the small business owner to use the owner's primary residence as collateral if the owner has other assets with a value equal to or greater than the loan amount that could be used as collateral for the loan.

Allows the Administrator to authorize a Small Business Development Center (SBDC) to provide assistance to small businesses outside the state of that SBDC, without regard to geographical proximity, if the small business is in an area for which the President has declared a major disaster.

Expresses the sense of Congress that the Administrator shall ensure that a SBDC is ap...

(Source: Congressional Research Service)

Bill Actions

Date Description
July 31, 2013 Placed on Senate Legislative Calendar under General Orders. Calendar No. 161.
July 31, 2013 Committee on Small Business and Entrepreneurship. Reported by Senator Landrieu with an amendment. With written report No. 113-84. Minority views filed.
June 17, 2013 Committee on Small Business and Entrepreneurship. Ordered to be reported with amendments favorably.
March 14, 2013 Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 113-309.
Feb. 28, 2013 Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S1022)