Us Congress 2023-2024 Regular Session

Us Congress House Bill HB7984

Introduced
4/15/24  
Refer
4/15/24  
Report Pass
4/17/24  

Caption

Rural Small Business Resilience Act

Impact

If enacted, HB 7984 would amend existing statutes related to disaster recovery, ensuring that individuals in rural areas can access the necessary resources post-disaster more easily. It mandates the SBA to undertake outreach efforts and provide material aimed at informing rural dwellers about their entitlements and available assistance. This change seeks to bridge the gap in disaster recovery resources, traditionally less accessible to rural areas due to geographical and infrastructural constraints.

Summary

House Bill 7984, titled the 'Rural Small Business Resilience Act,' aims to enhance access to disaster assistance specifically for individuals residing in rural areas. The bill mandates that the Administrator of the Small Business Administration (SBA) devise strategies to ensure effective outreach and support for those affected by disasters, particularly in rural communities. This legislation is a response to the ongoing challenges faced by rural populations concerning natural disasters and emphasizes the importance of targeted assistance from federal agencies.

Sentiment

The sentiment surrounding HB 7984 appears to be generally positive, as it addresses a critical gap in disaster preparedness and recovery for rural communities. Stakeholders in agriculture and small business sectors express support for the measures introduced by the bill, noting that empowering these regions through better access can significantly enhance their resilience against future natural disasters. Advocacy groups for rural development highlight the bill's potential benefits in fostering economic stability in vulnerable areas.

Contention

While there is substantial support for HB 7984, some concerns have been raised regarding the practical implementation of the outreach programs mandated by the bill. Questions arise over how effectively the SBA will be able to reach these rural individuals, particularly in remote locations. Moreover, there could be contention regarding funding allocations for these initiatives, with some legislators advocating for clearer fiscal provisions to ensure that the intended outreach is realized effectively.

Companion Bills

No companion bills found.

Previously Filed As

US SB1703

Rural Small Business Resilience Act

US HB804

Rural Small Business Resilience Act

US SB1093

Coordinated Support for Rural Small Businesses Act

US SB4764

Coordinated Support for Rural Small Businesses Act

US SB5063

Helping Small Businesses THRIVE Act Helping Small Businesses To Hedge Risk and Insure against Volatile Expenses Act

US HB7061

HEAL Maui Act Healing and Economic Advancement for Local businesses in Maui Act

US HB7849

Disaster Resiliency and Coverage Act of 2024

US HB8014

Transparency and Predictability in Small Business Opportunities Act

US SB3992

Protecting Access to Credit for Small Businesses Act

US HB8033

Regulatory Transparency for Small Businesses Act

Similar Bills

No similar bills found.