Political Quotes

On the recordSeptember 28, 2022
I ask unanimous consent that the Senate proceed to the immediate consideration of Calendar No. 278, S. 1617. The PRESIDING OFFICER. The clerk will report the bill by title. The legislative clerk read as follows: A bill (S. 1617) to modify the requirements for the Administrator of the Small Business Administration relating to declaring a disaster in a rural area, and for other purposes. There being no objection, the Senate proceeded to consider the bill, which had been reported from the Committee on Small Business and Entrepreneurship, with an amendment to strike all after the enacting clause and insert in lieu thereof the following: SECTION 1. SHORT TITLE. This Act may be cited as the ``Disaster Assistance for Rural Communities Act''. SEC. 2. DISASTER DECLARATION IN RURAL AREAS. (a) In General.--Section 7(b) of the Small Business Act (15 U.S.C. 636(b)) is amended by inserting after paragraph (15) the following: ``(16) Disaster declaration in rural areas.-- ``(A) Definitions.--In this paragraph-- ``(i) the term `rural area' means any county or other political subdivision of a State, the District of Columbia, or a territory or possession of the United States that is designated as a rural area by the Bureau of the Census; and ``(ii) the term `significant damage' means, with respect to property, uninsured losses of not less than 40 percent of the estimated fair replacement value or pre-disaster fair market value of the damaged property, whichever is lower.…
Said by
Chuck Schumer
Democratic · New York
Source
govinfo.gov
Sep 28, 2022

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