Small Business Drought Relief Act of 2003

Bill: 108-s-318
Sponsor: Sen. Kerry, John F. [D-MA]
Introduced: 2003-02-05 in the Senate
Policy area: Commerce
Subjects: Agricultural credit
Agriculture and Food
Disaster loans
Droughts
Economics and Public Finance
Emergency Management
Farm income
Federal-state relations
Finance and Financial Sector
Government Operations and Politics
Government lending
Government paperwork
Great Lakes
Small business
Water Resources Development

Summary:
action_date: 2003-02-05
text: Small Business Drought Relief Act of 2003 - Amends the Small Business Act to include within the definition of "disaster," for purposes of disaster loans provided to small businesses through the Small Business Administration (SBA), droughts and below average water levels in the Great Lakes or any other U.S. body of water that supports commerce by small businesses. Authorizes such loan assistance for farm- and nonfarm-related small businesses affected by droughts. Limits the amount that may be used during fiscal year 2003 to provide drought disaster loans to non-farm related concerns.
Requires the SBA to respond in writing to a State Governor regarding its determination concerning the provision of disaster loan assistance within 30 days after receiving such Governor's certification that small businesses in that State have suffered economic injury as a result of a disaster.
action_date: 2003-03-31
text: 
(This measure has not been amended since it was introduced in the Senate on February 5, 2003. The summary of that version is repeated here.)

Small Business Drought Relief Act of 2003 - Amends the Small Business Act to include within the definition of "disaster," for purposes of disaster loans provided to small businesses through the Small Business Administration (SBA), droughts and below average water levels in the Great Lakes or any other U.S. body of water that supports commerce by small businesses. Authorizes such loan assistance for farm- and nonfarm-related small businesses affected by droughts. Limits the amount that may be used during FY 2003 to provide drought disaster loans to non-farm related concerns.
Requires the SBA to respond in writing to a State Governor regarding its determination concerning the provision of disaster loan assistance within 30 days after receiving such Governor's certification that small businesses in that State have suffered economic injury as a result of a disaster.

Legislative actions:
action_date: 2003-04-01
text: Referred to the House Committee on Small Business.
action_date: 2003-04-01
text: Message on Senate action sent to the House.
action_date: 2003-04-01
text: Received in the House.
action_date: 2003-03-31
text: Passed Senate without amendment by Unanimous Consent. (consideration: CR S4589-4590; text as passed Senate: CR S4589-4590)
action_date: 2003-03-31
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S4589-4590; text as passed Senate: CR S4589-4590)
action_date: 2003-03-31
text: Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
action_date: 2003-03-31
text: Senate Committee on Small Business and Entrepreneurship discharged by Unanimous Consent.
action_date: 2003-02-05
text: Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S2003-2004)
action_date: 2003-02-05
text: Sponsor introductory remarks on measure. (CR S2003)
action_date: 2003-02-05
text: Introduced in Senate