Memorializes congress to support the Southeast Hurricanes Small Business Disaster Relief Act of 2010
The resolution calls for specific relief measures, including the waiving of up to fifteen thousand dollars in interest on Small Business Administration (SBA) disaster loans. This potential federal support is seen as crucial for the businesses that have already been struggling due to the compounded effects of natural disasters. By memorializing Congress, the Louisiana legislature is emphasizing the need for urgent economic help to ensure that affected small businesses can regain stability and continue to contribute to the local economy.
HCR251, or the House Concurrent Resolution 251, aims to memorialize the United States Congress to support the 'Southeast Hurricanes Small Business Disaster Relief Act of 2010.' The resolution highlights the ongoing economic challenges faced by small businesses in Louisiana due to the aftermath of several hurricanes, particularly Hurricanes Katrina, Rita, Gustav, and Ike, as well as the Deepwater Horizon oil spill. The resolution stresses the importance of federal assistance to help these small businesses recover and maintain their economic viability.
The general sentiment surrounding HCR251 is one of support for small businesses and recognition of the difficulties they face. There is a strong belief among the Louisiana legislature that without federal intervention, these small businesses may not recover adequately from the economic downturn exacerbated by multiple disasters. This resolution reflects a unified call for assistance, indicating that the legislature acknowledges the critical situation and is advocating for solutions at the national level.
While there does not appear to be significant contention surrounding HCR251 in the available discussions, the necessity for federal disaster relief funding is a broader issue that can be polarizing. Some may argue about the efficiency and allocation of federal resources, questioning whether enough is being done to assist small businesses in disaster-stricken areas. However, the resolution itself is framed as a cooperative effort to seek necessary support for the economic health of Louisiana's small business sector.