| Home > 106th Congressional Bills > H.R. 818 (rh) To amend the Small Business Act to authorize a pilot program for the implementation of disaster mitigation measures by small businesses. [Reported in House] ...
H.R. 818 (rh) To amend the Small Business Act to authorize a pilot program for the implementation of disaster mitigation measures by small businesses. [Reported in House] ...
H. R. 818
IN THE SENATE OF THE UNITED STATES
March 3, 1999
Received; read twice and referred to the Committee on Small Business
To amend the Small Business Act to authorize a pilot program for the
implementation of disaster mitigation measures by small businesses.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Disaster Mitigation Coordination Act
SEC. 2. PILOT PROGRAM.
(a) In General.--Section 7(b)(1) of the Small Business Act (15
U.S.C. 636(b)(1)) is amended--
(1) in subparagraph (B), by adding ``and'' at the end; and
(2) by adding at the end the following:
``(C) during fiscal years 2000 through 2004, to
establish a disaster mitigation program to make such
loans (either directly or in cooperation with banks or
other lending institutions through agreements to
participate on an immediate or deferred (guaranteed)
basis) as the Administrator may determine to be
necessary or appropriate to enable small business
concerns to implement mitigation measures pursuant to a
formal disaster mitigation program established by the
Federal Emergency Management Agency, except that no
loan or guarantee may be extended to a small business
concern under this subparagraph unless the
Administration finds the concern is otherwise unable to
obtain credit for the purposes described in this
(b) Authorization of Appropriations.--Section 20 of the Small
Business Act (15 U.S.C. 631 note) is amended by adding at the end the
``(f) Disaster Mitigation Pilot Program.--The following program
levels are authorized for loans under section 7(b)(1)(C):
``(1) $15,000,000 for fiscal year 2000.
``(2) $15,000,000 for fiscal year 2001.
``(3) $15,000,000 for fiscal year 2002.
``(4) $15,000,000 for fiscal year 2003.
``(5) $15,000,000 for fiscal year 2004.''.
(1) In general.--On January 31, 2003, the Administrator of
the Small Business Administration shall submit to the
Committees on Small Business of the House of Representatives
and the Senate a report on the effectiveness of the pilot
program authorized by section 7(b)(1)(C) of the Small Business
Act, as added by subsection (a) of this section.
(2) Contents of report.--The report shall include--
(1) information relating to--
(A) the areas served under the pilot program;
(B) the number and dollar value of loans made under
the pilot program; and
(C) the estimated savings to the Federal Government
resulting from the pilot program; and
(2) such other information as the Administrator determines
to be appropriate for evaluating the pilot program.
Passed the House of Representatives March 2, 1999.
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