US HB8537 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on October 6 2020 - 25% progression, died in committee
Action: 2020-10-06 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Prohibits the Small Business Administration from placing a cap that is less than $5,000 on any advance for an economic injury disaster loan that is made in response to COVID-19 (i.e., coronavirus disease 2019) to a veterans service organization (VSO) with only one employee. A VSO aids veterans with the preparation, presentation, and prosecution of claims under laws administered by the Department of Veterans Affairs.

Tracking Information

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Title

To direct the Administrator of the Small Business Administration to modify any caps on emergency EIDL advances to certain veterans service organizations, and for other purposes.

Sponsors


History

DateChamberAction
2020-10-06HouseReferred to the House Committee on Small Business.
2020-10-06HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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