COVID–19 Small Business Recovery Grants Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 19, 2020)
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.
What just happenedMar 20, 2020
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Who’s behind it
- Introduced in HouseMar 19, 2020
- Mar 20, 2020Committee
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Economic Development, Public Buildings, and Emergency Management Subcommittee - Mar 19, 2020IntroReferralH11100
Referred to the Committee on Small Business, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Transportation and Infrastructure Committee - Mar 19, 2020IntroReferralH11100
Referred to the Committee on Small Business, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Small Business Committee - Mar 19, 2020IntroReferralIntro-H
Introduced in House
- Mar 19, 2020IntroReferral1000
Introduced in House