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H.R.4215 / 117th Congress

Rebuilding Communities After Disasters Act

Referred to the House Committee on Small Business.

Official summary

Version 00 · Introduced in House · Jun 29, 2021

Rebuilding Communities After Disasters Act

This bill requires the Small Business Administration (SBA) to increase the loan limits for the disaster loan program and to communicate certain information about the program following disasters.

Specifically, the bill raises from $40,000 to $75,000 the loan amount for repair or replacement of household and personal effects and from $200,000 to $400,000 the loan amount for repair or replacement of a primary residence.

Further, the bill requires the SBA to communicate through radio, television, print, and web-based outlets all relevant information needed by disaster loan applicants if a disaster is declared or the SBA declares eligibility for additional disaster assistance. (Currently, the SBA is only required to endeavor to communicate such information.)

The SBA must submit a report on the disaster loan program that includes information such as the number and dollar value of program loans and the average estimated dollar value of damage sustained by borrowers.

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Who introduced it

Rep. Salazar, Maria Elvira [R-FL-27] · R–FL

Committees

  • Small Business Committee
39 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the House Committee on Small Business.

  2. Introduced in House

  3. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.

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Objective

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Progressive lens

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Institutions and government scope

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Individual rights and government power

Liberty lens

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