COVID–19 Small Business Recovery Grants Act

House Bill 6292 - COVID–19 Small Business Recovery Grants Act: Overview, Status, and Impact

Hozzl · 2022-02-09T02:12:25Z

Explore the details of House Bill 6292 COVID–19 Small Business Recovery Grants Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

2/9/2022, 2:12 AM

Congressional Summary of HR 6292

COVID-19 Small Business Recovery Grants Act

This bill establishes within the Small Business Administration (SBA) the Office of Coronavirus COVID-19 Small Business Recovery Grants to compensate small businesses, located in a qualified disaster area, for substantial economic injury they suffered resulting from COVID-19 (i.e., coronavirus disease 2019) beginning December 1, 2019, and ending December 31, 2021. This compensation (1) excludes interest on the amount of the payment before the settlement or payment of a claim or any punitive or noncompensatory damages; and (2) is limited to $100,000, except in cases where the SBA determines that a greater amount up to $250,000 is appropriate.

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Current Status of Bill HR 6292

Bill HR 6292 is currently in the status of Bill Introduced since March 19, 2020. Bill HR 6292 was introduced during Congress 116 and was introduced to the House on March 19, 2020. Bill HR 6292's most recent activity was Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. as of March 20, 2020

Bipartisan Support of Bill HR 6292

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6292

Primary Policy Focus

Commerce

Potential Impact Areas

- Accounting and auditing

- Cardiovascular and respiratory health

- Congressional oversight

- Disaster relief and insurance

- Economic performance and conditions

- Emergency medical services and trauma care

- Executive agency funding and structure

- Government studies and investigations

- Infectious and parasitic diseases

- Life, casualty, property insurance

- Small Business Administration

- Small business

Alternate Title(s) of Bill HR 6292

COVID–19 Small Business Recovery Grants Act

To establish the Office of Coronavirus COVID-19 Small Business Recovery Grants in the Small Business Administration to compensate certain small business concerns for substantial economic injury, and for other purposes.

COVID–19 Small Business Recovery Grants Act