H.R. 6345 · 116th Congress
STEP Reimbursement Act of 2020
- Stage
- In committee
- Sponsor
- Abby Finkenauer
- Introduced
- 2020-03-23
- Latest action
- 2020-03-23 · Introduced in House
Summary
STEP Reimbursement Act of 2020
This bill requires the Small Business Administration to reimburse any recipient of a grant under the State Trade Expansion Program for financial losses relating to a foreign trade mission or a trade show exhibition that was cancelled due to COVID-19 (i.e., the coronavirus disease 2019).
In addition, the bill authorizes a state that receives a grant under the program to revise their budget plan under certain circumstances.