II
113th CONGRESS
1st Session
S. 1440
IN THE SENATE OF THE UNITED STATES
August 1, 2013
Mr. Reid (for Ms. Landrieu) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship
A BILL
To amend the Small Business Act to allow the use of physical damage disaster loans for the construction of safe rooms.
Short title
This Act may be cited as the
Tornado Family Safety Act of
2013
.
Use of physical damage disaster loans
Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A)) is amended—
by striking the Administration may
increase
and inserting the Administration may, subject to
section 18(a), increase
; and
by striking and modifying
structures
and inserting , and modifying structures (including
construction of a safe room or similar storm shelter designed to protect
property and occupants from tornadoes or other natural
disasters)
.