PREPARE Act
Summary
Providing Resources for Emergency Preparedness And Resilient Enterprises Act or the PREPARE Act This bill reauthorizes through FY2026 a pre-disaster mitigation program, administered by the Small Business Administration, for disbursing economic injury disaster loans to small businesses for protection of real estate, equipment, inventory, supplies, and materials. The bill also increases the amount for loans to take mitigating actions to protect damaged or destroyed property from possible future disasters.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2021
Committee Review
Floor Vote
President
Introduced May 13, 2021
Last action May 13, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 13, 2021
Committee
Referred to the House Committee on Small Business.
lower
May 13, 2021
Introduced
Introduced in House
lower
1 primary · 22 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joseph D. Morelle
DDemocratic
Co
Andrew R. Garbarino
RRepublican
Co
Brian K. Fitzpatrick
RRepublican
Co
Cynthia Axne
DDemocratic
Co
David N. Cicilline
DDemocratic
Co
Derek Kilmer
DDemocratic
Co
Ed Case
DDemocratic
Co
Elaine G. Luria
DDemocratic
Co
Eleanor Holmes Norton
DDemocratic
Co
Jack Bergman
RRepublican
Co
James A. Himes
DDemocratic
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