H.R. 1468 would ensure that, for each small business participating in the 8(a) business development program that was affected by Hurricane Katrina of 2005, the period in which it can participate is extended by 18 months.
Detailed Summary
Disadvantaged Business Disaster Eligibility Act - Permits any small business that was participating in a Small Business Administration (SBA) business development program located in a Louisiana parish or Mississippi or Alabama county designated by the SBA Administrator as a disaster area by reason of Hurricane Katrina to continue participation and eligibility in such program for an additional 18 months.
Status of the Legislation
Latest Major Action: 3/27/2007: Referred to Senate committee. Status: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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