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Wildfire Smoke Now a Disaster: Aid for Small Businesses

This act expands the definition of disaster in the Small Business Act to include damage caused by wildfire smoke. This means small businesses affected by smoke can now apply for federal assistance, such as loans, which was not previously possible. This increases financial security for businesses in fire-prone regions.
Key points
Wildfire smoke is now recognized as a disaster, enabling federal aid.
Small businesses harmed by smoke can apply for support, like loans, for recovery.
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Additional Information
Print number: 117_S_4627
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2022-07-27