H.R. 4792

Small Business Access to Capital After a Natural Disaster Act

Latest
Raw Text PDF XML

IIB

115th CONGRESS

2d Session

H. R. 4792

IN THE SENATE OF THE UNITED STATES

January 30, 2018

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs

AN ACT

To amend the Securities Exchange Act of 1934 to expand access to capital for small businesses affected by hurricanes or other natural disasters, and for other purposes.

1.

Short title

This Act may be cited as the Small Business Access to Capital After a Natural Disaster Act.

2.

Expanding access to capital for small businesses impacted by a natural disaster

Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended—

(1)

in subsection (j)(4)(C), by striking minority-owned and women-owned small businesses and inserting minority-owned small businesses, women-owned small businesses, and small businesses affected by hurricanes or other natural disasters; and

(2)

in subsection (j)(6)(B)(iii), by striking minority-owned and women-owned small businesses and inserting minority-owned small businesses, women-owned small businesses, and small businesses affected by hurricanes or other natural disasters.

Passed the House of Representatives January 29, 2018.

Karen L. Haas,

Clerk