Referred to the House Committee on Small Business.
This bill would amend section 7(b)(1)(A) of the Small Business Act to change the maximum additional loan amount for certain disaster loans from 20 percent to 30 percent. The change increases the statutory cap on additional disaster loan amounts available to eligible small businesses.
Liberals stress improved recovery and equity impacts
Narrow, noncontroversial technical fix likely to clear the House with bipartisan support; scheduling remains a variable.
This bill would amend section 7(b)(1)(A) of the Small Business Act to change the maximum additional loan amount for certain disaster loans from 20 percent to 30 percent.
The change increases the statutory cap on additional disaster loan amounts available to eligible small businesses.
The bill text contains no other specified provisions beyond that percentage increase.
Simple statutory increase to a disaster loan cap with modest fiscal effect has relatively high chance; missing budget estimate and prioritization create uncertainty.
How solid the drafting looks.
Liberals stress improved recovery and equity impacts
These are examples from the analysis, not a ranked list of the most-affected groups.
Liberals stress improved recovery and equity impacts
Likely supportive as a modest expansion of disaster relief for small businesses, especially those in underserved communities.
Would view this as a concrete step to speed recovery and preserve jobs after disasters, while wanting stronger equity, outreach, and non‑debt relief measures.
Generally favorable as a narrowly tailored adjustment to improve disaster lending flexibility.
Would seek cost estimates, oversight, and a clear administrative plan to avoid unintended fiscal or programmatic problems.
Skeptical: while helping small businesses is a legitimate goal, increasing the federal loan cap raises concerns about taxpayer exposure and moral hazard.
Would prefer market or state-level solutions, tighter underwriting, or offsets.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Simple statutory increase to a disaster loan cap with modest fiscal effect has relatively high chance; missing budget estimate and prioritization create uncertainty.
The bill has not accumulated any surfaced votes yet.
Liberals stress improved recovery and equity impacts
Simple statutory increase to a disaster loan cap with modest fiscal effect has relatively high chance; missing budget estimate and prioriti…
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