# 116-hr-7552: PREPARE Act

116-hr-7552, PREPARE Act, is a 116th Congress bill sponsored by Rep. Morelle, Joseph D. [D-NY-25] (D-NY); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7552
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7552
- Congress: 116
- Title: PREPARE Act
- Status: Referred to the House Committee on Small Business.
- Introduced: 2020-07-09
- Sponsor: Rep. Morelle, Joseph D. [D-NY-25] (D-NY)
- Cosponsors: 12
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Providing Resources for Emergency Preparedness and Resilient Enterprises Act or the PREPARE Act This bill permanently reauthorizes the pre-disaster mitigation loan program of the Small Business Administration (SBA). Under this program, the SBA may loan up to $500,000 in a 12-month period to small businesses so that such businesses may use mitigation techniques to protect their commercial real estate, equipment, inventory, supplies, and materials from damages related to disasters. The SBA must submit a report on the program that includes information such as (1) the geographic areas in which loan recipients are located, (2) the number and dollar value of loans made, and (3) the estimated aggregate value resulting from the use of funded mitigation techniques.

## Cosponsors (12)

- Rep. Bergman, Jack [R-MI-1] (R-MI), 2020-07-09T00:00:00.000Z
- Rep. Golden, Jared F. [D-ME-2] (D-ME), 2020-07-09T00:00:00.000Z
- Rep. Stauber, Pete [R-MN-8] (R-MN), 2020-07-09T00:00:00.000Z
- Rep. Stefanik, Elise M. [R-NY-21] (R-NY), 2020-07-09T00:00:00.000Z
- Rep. Murphy, Stephanie N. [D-FL-7] (D-FL), 2020-07-09T00:00:00.000Z
- Rep. Gibbs, Bob [R-OH-7] (R-OH), 2020-07-13T00:00:00.000Z
- Rep. Hagedorn, Jim [R-MN-1] (R-MN), 2020-07-16T00:00:00.000Z
- Rep. Mast, Brian J. [R-FL-21] (R-FL), 2020-07-24T00:00:00.000Z
- Rep. Garamendi, John [D-CA-8] (D-CA), 2020-07-24T00:00:00.000Z
- Rep. Katko, John [R-NY-24] (R-NY), 2020-08-18T00:00:00.000Z
- Rep. Pingree, Chellie [D-ME-1] (D-ME), 2020-10-09T00:00:00.000Z
- Rep. Luria, Elaine G. [D-VA-2] (D-VA), 2020-11-16T00:00:00.000Z

## Related bills

- 116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-1379: Ensuring Lasting Smiles Act
- 116-hr-1108: Aviation Funding Stability Act of 2019
- 116-hr-748: CARES Act
- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act

## Sources
- [116-hr-7552 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7552)

## Related
- [116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020](https://policyrisk.com/legislation/116-hr-1570)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-1379: Ensuring Lasting Smiles Act](https://policyrisk.com/legislation/116-hr-1379)
- [116-hr-1108: Aviation Funding Stability Act of 2019](https://policyrisk.com/legislation/116-hr-1108)
- [116-hr-748: CARES Act](https://policyrisk.com/legislation/116-hr-748)
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7552 (as of 2025-11-18).