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118-s-1370Committee
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PREPARE Act of 2023

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Summary

Official CRS summary

Providing Resources for Emergency Preparedness And Resilient Enterprises Act of 2023 or the PREPARE Act of 2023 This bill reauthorizes through FY2028 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.

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Bill details

Congress
118
Bill type
s
Introduced
April 27, 2023
Sponsor
Not yet available
Last action
April 27, 2023— Read twice and referred to the Committee on Small Business and Entrepreneurship.

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