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Gulf Coast Back to Business Act of 2007

Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S1792-1793)

Official summary

Version 00 · Introduced in Senate · Feb 8, 2007

Gulf Coast Back to Business Act of 2007 - Authorizes appropriations for the Economic Development Administration of the Department of Commerce for grants to appropriate state government agencies in Louisiana and Mississippi for small businesses located in disaster areas caused by Hurricanes Katrina or Rita.

Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to defer for a conditional period the payment of principal and interest on disaster loans made to small businesses affected by such hurricanes in the case of loans made before December 31, 2006. Prohibits an increased collateral requirement with respect to the deferred loans.

Includes as a HUBZone (historically underutilized business zone) any area in which the President has declared a major disaster as a result of such hurricanes.

Amends the Small Business Competitive Demonstration Program Act of 1988 to make the small business competitive demonstration program (to test innovative small business procurement methods and procedures) inapplicable, for a conditional period, to any contract related to relief or reconstruction from such hurricanes.

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Who introduced it

Sen. Landrieu, Mary L. [D-LA] · D–LA

Committees

  • Small Business and Entrepreneurship Committee
3 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S1792-1793)

  2. Sponsor introductory remarks on measure. (CR S1790-1792)

  3. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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