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Union Calendar No. 18

106TH CONGRESS

1ST SESSION H. R. 818

[Report No. 106–33]

To amend the Small Business Act to authorize a pilot program for the

implementation of disaster mitigation measures by small businesses.

IN THE HOUSE OF REPRESENTATIVES

FEBRUARY 24, 1999

Mr. TALENT (for himself, Ms. VELA ́ZQUEZ, Mr. BAIRD, and Ms.

SCHAKOWSKY) introduced the following bill; which was referred to the

Committee on Small Business

MARCH 1, 1999

Committed to the Committee of the Whole House on the State of the Union

and ordered to be printed

A BILL

To amend the Small Business Act to authorize a pilot program for the implementation of disaster mitigation measures by small businesses.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. SHORT TITLE.

4 This Act may be cited as the ‘‘Disaster Mitigation

5 Coordination Act of 1999’’.
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1 SEC. 2. PILOT PROGRAM.

2 (a) IN GENERAL.—Section 7(b)(1) of the Small Busi3 ness Act (15 U.S.C. 636(b)(1)) is amended—

4 (1) in subparagraph (B), by adding ‘‘and’’ at

5 the end; and

6 (2) by adding at the end the following:

7 ‘‘(C) during fiscal years 2000 through

8 2004, to establish a disaster mitigation pro9 gram to make such loans (either directly or in

10 cooperation with banks or other lending institu11 tions through agreements to participate on an

12 immediate or deferred (guaranteed) basis) as

13 the Administrator may determine to be nec14 essary or appropriate to enable small business

15 concerns to implement mitigation measures pur16 suant to a formal disaster mitigation program

17 established by the Federal Emergency Manage18 ment Agency, except that no loan or guarantee

19 may be extended to a small business concern

20 under this subparagraph unless the Administra21 tion finds the concern is otherwise unable to ob22 tain credit for the purposes described in this

23 subparagraph.’’.

24 (b) AUTHORIZATION OF APPROPRIATIONS.—Section

25 20 of the Small Business Act (15 U.S.C. 631 note) is

26 amended by adding at the end the following:
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1 ‘‘(f) DISASTER MITIGATION PILOT PROGRAM.—The

2 following program levels are authorized for loans under

3 section 7(b)(1)(C):

4 ‘‘(1) $15,000,000 for fiscal year 2000.

5 ‘‘(2) $15,000,000 for fiscal year 2001.

6 ‘‘(3) $15,000,000 for fiscal year 2002.

7 ‘‘(4) $15,000,000 for fiscal year 2003.

8 ‘‘(5) $15,000,000 for fiscal year 2004.’’.

9 (c) EVALUATION.—

10 (1) IN GENERAL.—On January 31, 2003, the

11 Administrator of the Small Business Administration

12 shall submit to the Committees on Small Business

13 of the House of Representatives and the Senate a

14 report on the effectiveness of the pilot program au15 thorized by section 7(b)(1)(C) of the Small Business

16 Act, as added by subsection (a) of this section.

17 (2) CONTENTS OF REPORT.—The report shall

18 include—

19 (1) information relating to—

20 (A) the areas served under the pilot pro21 gram;

22 (B) the number and dollar value of loans

23 made under the pilot program; and
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1 (C) the estimated savings to the Federal

2 Government resulting from the pilot program;

3 and

4 (2) such other information as the Administrator

5 determines to be appropriate for evaluating the pilot

6 program.

Union Calendar No. 18

106TH CONGRESS

1ST SESSION H. R. 818

[Report No. 106–33]

A BILL

To amend the Small Business Act to authorize a

mitigation measures by small businesses.pilot program for the implementation of disaster

MARCH 1, 1999

Committed to the Committee of the Whole House on the

State of the Union and ordered to be printed