COVID–19 Recovery Grants for Small Businesses Act

Senate Bill 3518 - COVID–19 Recovery Grants for Small Businesses Act: Overview, Status, and Impact

Hozzl · 2022-02-09T00:41:35Z

Explore the details of Senate Bill 3518 COVID–19 Recovery Grants for Small Businesses 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, 12:41 AM

Congressional Summary of S 3518

COVID-19 Recovery Grants for Small Businesses Act

This bill requires the Small Business Administration to provide economic injury grants to certain small businesses, private nonprofit organizations, and small agricultural cooperatives that have suffered a substantial economic injury as a result of COVID-19 (i.e., coronavirus disease 2019).

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Current Status of Bill S 3518

Bill S 3518 is currently in the status of Bill Introduced since March 18, 2020. Bill S 3518 was introduced during Congress 116 and was introduced to the Senate on March 18, 2020. Bill S 3518's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of March 18, 2020

Bipartisan Support of Bill S 3518

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 S 3518

Primary Policy Focus

Commerce

Potential Impact Areas

- Accounting and auditing

- Agricultural marketing and promotion

- Cardiovascular and respiratory health

- Congressional oversight

- Economic performance and conditions

- Emergency medical services and trauma care

- Employee leave

- Government lending and loan guarantees

- Government studies and investigations

- Infectious and parasitic diseases

- Small business

- Social work, volunteer service, charitable organizations

- Wages and earnings

Alternate Title(s) of Bill S 3518

COVID–19 Recovery Grants for Small Businesses Act

A bill to provide grants to small business concerns, private nonprofit organizations, and small agricultural cooperatives affected by COVID-19, and for other purposes.