S. 943 · 118th Congress
Small Business Disaster Damage Fairness Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
KennedySponsorNo cosponsors.
This bill increases from $14,000 to $25,000 the threshold loan amount over which the Small Business Administration may require collateral for a disaster loan.
What it does: CRS summary · Reported to Senate · Jul 25, 2023
Small Business Disaster Damage Fairness Act of 2023
This bill increases from $14,000 to $25,000 the threshold loan amount over which the Small Business Administration may require collateral for a disaster loan.
The Government Accountability Office must report on the performance, including the default rate, of such loans.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Small Business Disaster Damage Fairness Act of 2023
Latest action (Jul 25, 2023): Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.
Policy area: Commerce · Origin: Senate · Introduced: Mar 22, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.