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Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020
3/2/2022, 4:13 PM
Congressional Summary of HR 6040
Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020
This bill expands the definition of a disaster for which the Small Business Administration (SBA) may provide disaster loans to small business concerns to include communicable diseases for which the government issues a travel alert or travel warning, and it authorizes the SBA to make interest free disaster loans to small businesses affected by a disaster for which the government issues a public health emergency.
Read the Full Bill
Current Status of Bill HR 6040
Bill HR 6040 is currently in the status of Bill Introduced since February 28, 2020. Bill HR 6040 was introduced during Congress 116 and was introduced to the House on February 28, 2020. Bill HR 6040's most recent activity was Referred to the House Committee on Small Business. as of February 28, 2020
Bipartisan Support of Bill HR 6040
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
3Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6040
Primary Policy Focus
CommercePotential Impact Areas
- Disaster relief and insurance
- Emergency medical services and trauma care
- Government lending and loan guarantees
- Health promotion and preventive care
- Infectious and parasitic diseases
- Interest, dividends, interest rates
- Small business
- Travel and tourism
Alternate Title(s) of Bill HR 6040
Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020
To amend the Small Business Act to ensure small businesses affected by the onset of communicable diseases are eligible for disaster relief.
Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020
Comments
Sponsors and Cosponsors of HR 6040
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