A bill to amend the definition of disaster, for purposes of section 7(b)(2) of the Small Business Act, to include below average water levels in the Great Lakes.

This bill would expand the definition of a "disaster" under the Small Business Act to include periods of below-average water levels in the Great Lakes. By reclassifying low water levels as a natural disaster, the legislation would allow small businesses affected by these conditions to qualify for low-interest emergency loans from the Small Business Administration. This change is intended to provide financial relief to local businesses, such as marinas and commercial fisheries, that suffer economic losses when receding shorelines impact their operations.