Clinton Signs Disaster-Help Bill
WASHINGTON (AP) _ President Clinton signed bills Tuesday creating a disaster-protection program for small businesses and naming the Raleigh, N.C., federal building for the late Gov. Terry Sanford.
The Disaster Mitigation Bill authorizes the Small Business Administration to allocate up to $15 million in existing disaster funds to establish a pilot program offering low-interest, long-term loans to small businesses that want to buttress their facilities against natural disasters. Sen. Max Cleland, D-Ga., the legislation’s sponsor, witnessed Clinton’s signature in the Oval Office.
Sanford’s widow, Margaret Sanford, and his children and grandchildren joined Clinton and a half-dozen North Carolina lawmakers for the Oval Office ceremony enacting legislation for the new Sanford Federal Building.
Sanford, also a former U.S. senator, twice ran unsuccessfully for the Democratic presidential nomination. He died from cancer last year. He was represented at the White House Tuesday by his widow and their two children and two grandchildren.