- Not enactedThe President has not signed this bill
- The senate has not voted
Committee on Small Business and Entrepreneurship
- senate Committees
- The house has not voted
Committee on Small BusinessIntroducedJuly 10th, 2019
- house Committees
What is House Bill H.R. 3661?
Cost of House Bill H.R. 3661
In-Depth: Sponsoring Rep. Andy Kim (D-NJ) introduced this bill to strengthen programs intended to protect small business owners whose employees are military Reservists deployed on active duty:
“I’ve seen small business owners who have done the right thing by hiring military Reservists for key positions but worry about the uncertainty posed if they’re transferred to active duty and deployed overseas. This bipartisan bill would strengthen key programs and give these patriotic small business owners the peace of mind they need to put more of our Reservists to work without worrying if a single deployment will severely impact their business.”
Original cosponsor Rep. Tim Burchett (R-TN) adds:
“Men and women in East Tennessee and across the United States serve in the National Guard and Reserve in defense of our nation, and we should support and protect them when we can. This bipartisan bill provides economic security to Guard members and Reservists who are small business owners or small business employees. Small businesses drive our economy and service members guard our freedom, and the least we can do is protect these patriotic employers and employees when they’re called into service.”
The American Legion endorses this bill. The Assistant Director of its Veterans Employment and Education Division, Davy Leghorn, says this bill would ensure that the MREIDEL program and Repayment Deferral for Active Duty Reservists program are utilized to their full effect:
“These important programs are underutilized because their eligibility restrictions do not fully reflect current deployment practices. National Guard members and military reservists are an integral part of our armed forces and national defense and this nation should do everything we can to support their service.”
This legislation passed the House Committee on Small Business by voice vote with the support of nine bipartisan cosponsors, including six Democrats and three Republicans.
Of Note: The Small Business Administration (SBA) provides direct loans to people and small businesses through its disaster loan program. This program includes coverage for businesses that suffer substantial economic injury because essential employees are ordered to active duty during a military conflict. Historically, less than 2% of disaster loans made each year go to small businesses suffering economic injury due to employees being called into military service.
- Sponsoring Rep. Andy Kim (D-NJ) Press Release
- House Committee on Small Business Committee Report
- CBO Cost Estimate
Summary by Lorelei Yang(Photo Credit: iStockphoto.com / videodet)