Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Congressional Research Service
Official summary
Version 00 · Introduced in House · May 6, 2010
Business Disaster Recovery Assistance Act of 2010 - Directs the Administrator of the Federal Emergency Management Agency (FEMA) to establish a program to assist a covered entity affected by a major disaster. (Defines "covered entity" to mean a business or private nonprofit organization operating in an area with respect to which the President declared, during the 60-day period preceding the date the entity submitted a grant application, a major disaster under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.)
Authorizes the Administrator to make a grant to a covered entity to assist in: (1) the repair or replacement of the entity's property that was damaged as a direct result of a major disaster; and (2) meeting the entity's ordinary and necessary financial obligations that might not otherwise be met as a direct result of a major disaster.
Limits each grant to $28,000. Directs the Administrator to adjust the limit annually to reflect changes in the Consumer Price Index for All Urban Consumers published by the Department of Labor.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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