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SERV Act

12/15/2023, 4:00 PM

Summary of Bill HR 4480

The SERV Act, also known as Bill 118 hr 4480, is a piece of legislation currently being considered by the US Congress. The purpose of the SERV Act is to provide support and resources to individuals and communities affected by natural disasters, such as hurricanes, wildfires, and floods.

The bill aims to improve coordination between federal, state, and local agencies in responding to disasters, as well as increase funding for disaster relief efforts. It also includes provisions to enhance the training and deployment of volunteers who assist in disaster response and recovery efforts.

Additionally, the SERV Act seeks to address issues related to mental health and trauma in the aftermath of disasters, by providing resources for counseling and support services for those affected. Overall, the SERV Act is designed to strengthen the nation's ability to respond to and recover from natural disasters, and to provide much-needed assistance to individuals and communities in their time of need.

Congressional Summary of HR 4480

Successful Entrepreneurship for Reservists and Veterans Act or the SERV Act

This bill requires (1) the Small Business Administration to report on the veterans interagency task force; and (2) the Government Accountability Office to report on access to credit for small businesses owned and controlled by veterans, Reservists, or their spouses.

Current Status of Bill HR 4480

Bill HR 4480 is currently in the status of Introduced to Senate since November 29, 2023. Bill HR 4480 was introduced during Congress 118 and was introduced to the House on July 6, 2023.  Bill HR 4480's most recent activity was Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. as of November 29, 2023

Bipartisan Support of Bill HR 4480

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
0
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4480

Primary Policy Focus

Commerce

Potential Impact Areas

- Congressional oversight
- Credit and credit markets
- Government studies and investigations
- Small business
- Veterans' education, employment, rehabilitation

Alternate Title(s) of Bill HR 4480

SERV Act
SERV Act
SERV Act
Successful Entrepreneurship for Reservists and Veterans Act
SERV Act
Successful Entrepreneurship for Reservists and Veterans Act
Successful Entrepreneurship for Reservists and Veterans Act
To require the Administrator of the Small Business Administration to report on the veterans interagency task force, to require the Comptroller General of the United States to report on access to credit for small business concerns owned and controlled by covered individuals, and for other purposes.

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