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S. 862 · 116th Congress · 2019–2020

Rebuilding Small Businesses After Disasters Act

S. 862 in the 116th Congress (2019–2020) became law — introduced on Mar 25, 2019, sponsored by John Kennedy with 3 co-sponsors.

During the 116th Congress (2019–2020), Donald Trump was president, and Democrats held the House majority and Republicans the Senate majority.

Status
Became law
Introduced
Mar 25, 2019
Co-sponsors
3
Policy area
Commerce
Public law
Public Law 116-70

What it does

Rebuilding Small Businesses After Disasters Act This bill makes permanent the increased threshold for the minimum major-disaster loan amount for which the Small Business Administration may require collateral.

Summary by the nonpartisan Congressional Research Service.

Sponsor

John Kennedy (R-LA). Co-sponsors: 1 Democrat, 2 Republicans.

Where it stands

  • IntroducedMar 25, 2019
  • Passed the SenateAug 1, 2019
  • Passed the HouseNov 20, 2019
  • Sent to the PresidentNov 21, 2019
  • Became lawNov 22, 2019

Latest action: Became Public Law No: 116-70. (Nov 22, 2019)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 862 (116th Congress): Rebuilding Small Businesses After Disasters…,” https://www.capitolreceipts.com/bill/116-s-862/rebuilding-small-businesses-after-disasters-act (accessed 2026-10-16).

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