S.Amdt. 3473

SA 3473. Mr. SCHATZ submitted an amendment intended to be proposed by
him to the bill H.R. 6147, making appropriations for the Department of
the Interior, environment, and related agencies for the fiscal year
ending September 30, 2019, and for other purposes; which was ordered to
lie on the table; as follows:
At the appropriate place in division B, insert the
following:
Sec. __.  For businesses and residents impacted by a major
disaster declared by the President under section 401 of
Robert T. Stafford Disaster Relief and Emergency Assistance
Act (42 U.S.C. 5170) in 2018 with respect to a volcano
eruption or related earthquakes, the Administrator of the
Small Business Administration shall extend the application
deadline--
(1) for physical damage disaster loans under section
7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A))
to 60 days following the date on which the property damage
occurred; and
(2) for economic injury disaster loans under section
7(b)(2) of the Small Business Act (15 U.S.C. 636(b)(2)) on a
case-by-case basis, taking into account the ongoing nature of
the major disaster.
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