Placed on Senate Legislative Calendar under General Orders. Calendar No. 22.
The Disaster Loan Accountability and Reform Act (DLARA) tightens oversight, reporting, and budgeting for SBA disaster loans. It requires enhanced monthly reports, budget disclosures comparing requested and 10-year average costs, GAO and Inspector General reviews, and limits on loan forgiveness and certain lending when funding is low.
Liberals worry access and borrower relief will be reduced
Relative to its intended legislative type, this bill is an administrative/operational statute that densely and specifically amends existing SBA and budget statutes to add reporting, notification triggers, operational limits, and oversight reviews.
The Disaster Loan Accountability and Reform Act (DLARA) tightens oversight, reporting, and budgeting for SBA disaster loans.
It requires enhanced monthly reports, budget disclosures comparing requested and 10-year average costs, GAO and Inspector General reviews, and limits on loan forgiveness and certain lending when funding is low.
The bill restricts SBA rulemaking that would increase program costs, mandates notifications to Congress when unobligated balances fall below a trigger, and requires implementation plans and periodic updates for forecasting fixes.
Technocratic oversight measures increase prospects, but binding limits on forgiveness and rulemaking reduce consensus and invite executive pushback.
Relative to its intended legislative type, this bill is an administrative/operational statute that densely and specifically amends existing SBA and budget statutes to add reporting, notification triggers, operational limits, and oversight reviews.
Liberals worry access and borrower relief will be reduced
These are examples from the analysis, not a ranked list of the most-affected groups.
Liberals worry access and borrower relief will be reduced
Supportive of stronger oversight but concerned the bill prioritizes fiscal constraints over rapid disaster relief.
Worries limits on forgiveness and restrictions during low funding could harm households and small businesses needing timely aid.
Favors greater transparency, fiscal discipline, and independent reviews, while cautioning against measures that delay aid.
Wants operational safeguards to preserve timely disbursement during emergencies.
Likely supportive; the bill enforces fiscal responsibility, curbs agency rulemaking that raises costs, and ensures Congress controls debt forgiveness.
Sees stronger reporting and limits as appropriate accountability measures.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Technocratic oversight measures increase prospects, but binding limits on forgiveness and rulemaking reduce consensus and invite executive pushback.
The bill has not accumulated any surfaced votes yet.
Liberals worry access and borrower relief will be reduced
Technocratic oversight measures increase prospects, but binding limits on forgiveness and rulemaking reduce consensus and invite executive…
Relative to its intended legislative type, this bill is an administrative/operational statute that densely and specifically amends existing SBA and budget statutes to add reporting, notification triggers, operational li…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.