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A bill making supplemental appropriations for small business disaster relief for the fiscal year ending September 30, 2025.

12/3/2024, 11:56 AM

Summary of Bill S 5341

Bill 118 s 5341, also known as the Small Business Disaster Relief Supplemental Appropriations Act, is a piece of legislation aimed at providing additional funding for small businesses affected by disasters during the fiscal year ending on September 30, 2025. The bill seeks to allocate funds specifically for small businesses that have been impacted by natural disasters, such as hurricanes, wildfires, or other catastrophic events.

The purpose of this bill is to provide financial assistance to small businesses that may not have the resources to recover from such disasters on their own. The funding will be used to help these businesses rebuild, repair damages, and get back on their feet in order to continue operating and contributing to the economy.

The bill does not specify the exact amount of funding that will be allocated for small business disaster relief, but it does outline the process by which the funds will be distributed and the criteria that small businesses must meet in order to qualify for assistance. This includes demonstrating that they have been adversely affected by a disaster and showing a need for financial support in order to recover. Overall, Bill 118 s 5341 aims to provide much-needed relief to small businesses that have been impacted by disasters, helping them to recover and continue operating in the face of adversity.

Current Status of Bill S 5341

Bill S 5341 is currently in the status of Bill Introduced since November 18, 2024. Bill S 5341 was introduced during Congress 118 and was introduced to the Senate on November 18, 2024.  Bill S 5341's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of November 18, 2024

Bipartisan Support of Bill S 5341

Total Number of Sponsors
4
Democrat Sponsors
0
Republican Sponsors
4
Unaffiliated Sponsors
0
Total Number of Cosponsors
18
Democrat Cosponsors
8
Republican Cosponsors
10
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5341

Primary Policy Focus

Alternate Title(s) of Bill S 5341

A bill making supplemental appropriations for small business disaster relief for the fiscal year ending September 30, 2025.
A bill making supplemental appropriations for small business disaster relief for the fiscal year ending September 30, 2025.

Comments

Tiffany Johnson profile image

Tiffany Johnson

688

1 year ago

This bill is concerning. How will it impact me?

Aldo Schneider profile image

Aldo Schneider

600

1 year ago

I'm so excited for this bill, it's gonna help small businesses like me! #USApolitics

Khaleesi Weeks profile image

Khaleesi Weeks

698

1 year ago

This bill is a joke! It's just another way for the government to waste money instead of helping real people in need. SMH.