House
Feb 5, 2025

Small Business Disaster Damage Fairness Act of 2025

Summary

Official

Small Business Disaster Damage Fairness Act of 2025 This bill increases from $14,000 to $50,000 the threshold loan amount over which the Small Business Administration (SBA) may require collateral for a disaster loan. The Government Accountability Office must report on the performance, including the default rate, of such loans. Additionally, the SBA must...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(2/5/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

JN

Mr. Neguse

House (D) Colorado – 2

Cosponsors (1)

Latest Action

Referred to the House Committee on Small Business.

Feb 5, 2025

View Bill on Congress.gov