summary
Introduced
04/04/2025
04/04/2025
In Committee
04/04/2025
04/04/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A bill to modify the definition of disaster in the Small Business Act to include low or no snowfall amounts, and for other purposes.
AI Summary
This bill aims to modify the Small Business Act to address the economic challenges faced by small businesses during snow droughts, which are periods of abnormally low snowpack caused by either low precipitation or warm temperatures preventing snow accumulation. Specifically, the bill would expand the definition of "disaster" in the Small Business Act to include snow drought, allowing affected businesses to potentially access disaster recovery resources. Within 90 days of enactment, the Small Business Administration (SBA) must develop implementation rules in consultation with the National Weather Service. The bill also requires the Comptroller General to conduct a comprehensive review of existing federal resources for businesses impacted by low snow conditions, identify strategies for business resilience, and provide recommendations for legislative and administrative actions to support these businesses. This includes evaluating the SBA's Economic Injury Disaster Loan program's capabilities to assist businesses experiencing economic hardship due to insufficient snowfall. The bill recognizes that snow droughts can significantly impact winter recreation and tourism-dependent small businesses by creating economic challenges beyond traditional disaster definitions.
Committee Categories
Business and Industry
Sponsors (5)
Last Action
Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 04/04/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/1309/all-info |
BillText | https://www.congress.gov/119/bills/s1309/BILLS-119s1309is.pdf |
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