Text: H.R.2908 — 113th Congress (2013-2014)All Bill Information (Except Text)

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Introduced in House (08/01/2013)


113th CONGRESS
1st Session
H. R. 2908

To amend the Small Business Act to allow the use of physical damage disaster loans for the construction of safe rooms.


IN THE HOUSE OF REPRESENTATIVES
August 1, 2013

Mr. Cole introduced the following bill; which was referred to the Committee on Small Business


A BILL

To amend the Small Business Act to allow the use of physical damage disaster loans for the construction of safe rooms.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Tornado Family Safety Act of 2013”.

SEC. 2. Use of physical damage disaster loans.

Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A)) is amended—

(1) by striking “the Administration may increase” and inserting “the Administration may, subject to section 18(a), increase”; and

(2) by striking “and modifying structures” and inserting “, and modifying structures (including construction of a safe room or similar storm shelter designed to protect property and occupants from tornadoes or other natural disasters)”.