House
Feb 5, 2025Small 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...
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