To provide loans and other financial assistance to small businesses affected by the wildfires on Maui, and for other purpose.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To provide loans and other financial assistance to small businesses affected by the wildfires on Maui, and for other purpose., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Labor, Education.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HC098C9CE18044C99B56A5BE6DED755AE: 1. Short title This Act may be cited as the Healing and Economic Advancement for Local businesses in Maui Act or the HEAL Maui Act.
- Section H0FAF31F504094D0EA1C0833C56E6C942: 2. Emergency EIDL grants In this section— the term covered entity means— a business with not more than 500 employees; any individual who operates under a sole...
- Section H13ECA215F7894D14AE4AA8CF92A40F10: 3. Maui Wildfire Paycheck Protection Program Section 7(a) of the small Business Act (15 U.S.C. 636(a)) is amended— in paragraph (2)— in subparagraph (A), in...
- Section H3ED75D3655804107A155F39E14EBC9D4: 4. Loan forgiveness In this section: The term Administration means the Small Business Administration. The term Administrator means the Administrator of the...
- Section H8B081E665546447F9C2B0F8F73F8A3FA: 5. Maui wildfire paycheck protection program loan facility The Board of Governors of the Federal Reserve System shall, under section 13(3) of the Federal...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To provide loans and other financial assistance to small businesses affected by the wildfires on Maui, and for other purpose., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Labor, Education
Primary Purpose
This bill, To provide loans and other financial assistance to small businesses affected by the wildfires on Maui, and for other purpose., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Case introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
- "administrator_of_sba"
- → Administrator of the Small Business Administration
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
a covered entity the principal office of which is located on Maui and not fewer than 35 percent of the employees of which reside on Maui
an eligible recipient that— was in operation on August 8, 2023
an expenditure made by an entity to a supplier of goods for the supply of goods that— are essential to the operations of the entity at the time at which the expenditure is made
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology