Summary: S.388 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for S.388. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/08/1999)

Amends the Small Business Act to authorize the Administrator of the Small Business Administration, during FY 2000 through 2004, to establish a pre-disaster mitigation program for making loans to enable small businesses to use mitigation techniques in support of a formal program established by the Federal Emergency Management Agency, except that no such loan may be extended to a small business unless it is otherwise unable to obtain credit for such purposes.

Authorizes appropriations.

Requires the Administrator to report to the congressional small business committees evaluating such program.