H.R. 1468

Disadvantaged Business Disaster Eligibility Act

Latest

IIB

110th CONGRESS

1st Session

H. R. 1468

IN THE SENATE OF THE UNITED STATES

March 27, 2007

Received; read twice and referred to the Committee on Small Business and Entrepreneurship

AN ACT

To ensure that, for each small business participating in the 8(a) business development program that was affected by Hurricane Katrina of 2005, the period in which it can participate is extended by 18 months.

1.

Short title

This Act may be cited as the Disadvantaged Business Disaster Eligibility Act.

2.

Extension of participation term for victims of Hurricane Katrina

(a)

Retroactivity

If a small business concern, while participating in any program or activity under the authority of paragraph (10) of section 7(j) of the Small Business Act (15 U.S.C. 636(j)), was located in a parish or county described in subsection (b) and was affected by Hurricane Katrina of 2005, the period during which the small business concern is permitted continuing participation and eligibility in such program or activity shall be extended for an additional 18 months.

(b)

Parishes and Counties covered

Subsection (a) applies to any parish in the State of Louisiana, or any county in the State of Mississippi or in the State of Alabama, that has been designated by the Administrator of the Small Business Administration as a disaster area by reason of Hurricane Katrina under disaster declaration 10176, 10177, 10178, 10179, 10180, or 10181.

(c)

Review and compliance

The Administrator of the Small Business Administration shall ensure that the case of every small business concern participating before the date of the enactment of this Act in a program or activity covered by subsection (a) is reviewed and brought into compliance with this section.

Passed the House of Representatives March 26, 2007.

Lorraine C. Miller,

Clerk.