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S. 3664: Small Business Disaster Recovery Assistance Improvements Act of 2006

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S. 3664: Small Business Disaster Recovery Assistance Improvements Act of 2006

109th Congress · introduced 2006-07-14 · Commerce · Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S7557-7560)

federal

Follow this bill, step by step

  1. Where it came from: introduced 2006-07-14 · official record
  2. Who proposed it: Sen. Landrieu, Mary L. [D-LA] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S7557-7560) Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Small Business Disaster Recovery Assistance Improvements Act of 2006

Plain summary

Small Business Disaster Recovery Assistance Improvements Act of 2006 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to make both emergency bridge loans and business recovery grants to a qualified small business concern after major disasters, and to provide assistance until the concern is able to obtain funding through insurance claims, other federal assistance programs, or other sources. Authorizes the Administrator to: (1) guarantee loans made under an approved State Bridge Loan Program; and (2) make loans under expedited procedures that include loss verification and loan processing. Sets forth maximum disaster loan amounts. Doubles the minimum size of loans for which collateral must be required. Directs the Administrator to hire a full-time disaster planning specialist in the Office of Disaster Assistance. Provides for economic injury disaster loans to private non-profit organizations. Authorizes the Administrator, in the event of a major disaster, to waive the maximum $100,000 amount for small business development center portability grants. Makes such grants available for small business development centers assisting small business concerns adversely affected by the disaster. Directs the Administrator to authorize a small business development center, regardless of location, to provide advice, information, and assistance to a small business concern located in a major disaster area.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Small Business Disaster Recovery Assistance Improvements Act of 2006

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Landrieu, Mary L. [D-LA] · 3 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Authorization
A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong109-s3664 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109