PRIA Logo™
116-hr-6292116th Congress

COVID–19 Small Business Recovery Grants Act

Sponsored By: Representative Jackson Lee, Sheila [D-TX-18]

Unknown

Summary

COVID-19 Small Business Recovery Grants Act This bill establishes within the Small Business Administration (SBA) the Office of Coronavirus COVID-19 Small Business Recovery Grants to compensate small businesses, located in a qualified disaster area, for substantial economic injury they suffered resulting from COVID-19 (i.e., coronavirus disease 2019) beginning December 1, 2019, and ending December 31, 2021. This compensation (1) excludes interest on the amount of the payment before the settlement or payment of a claim or any punitive or noncompensatory damages; and (2) is limited to $100,000, except in cases where the SBA determines that a greater amount up to $250,000 is appropriate.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Jackson Lee, Sheila [D-TX-18]

TX • D

Cosponsors

  • Rep. Thompson, Bennie G. [D-MS-2]

    MS • D

    Sponsored 4/7/2020

  • Rep. Haaland, Debra A. [D-NM-1]

    NM • D

    Sponsored 4/7/2020

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 4/7/2020

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 4/7/2020

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation