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Chairwoman Velazquez on Passage of Rebuilding Small Businesses After Disasters Act
November 20, 2019
WASHINGTON, Nov. 20 -- Rep. Nydia M. Velazquez, D-New York, chairwoman of the House Small Business Committee, issued the following news release:

Today, the House of Representatives passed legislation to improve access to small business disaster assistance. S. 862, the Rebuilding Small Businesses After Disasters Act, extends for three additional years the current $25,000 minimum disaster loan amount for which the SBA may require collateral.

Already passed in the Senate, . . .

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