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US S371

US S371
SBA Disaster Transparency Act


summary

Introduced
02/03/2025
In Committee
02/12/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to require certain reports on small business disaster assistance to be published on the website of the Small Business Administration, and for other purposes.

AI Summary

This bill requires the Small Business Administration (SBA) to enhance transparency by publishing specific disaster assistance reports on its official website. The bill amends the Small Business Disaster Response and Loan Improvements Act of 2008, mandating that reports currently submitted to Congress must now also be made publicly available online. These reports will cover various aspects of SBA's disaster assistance programs, including details about loan applications, assistance provided, and other relevant information. By requiring online publication, the bill aims to increase public access to information about how the SBA supports small businesses during disaster recovery efforts, making the agency's work more transparent and accountable to the public. The changes apply to multiple subsections of the existing law, ensuring comprehensive coverage of reporting requirements across different types of disaster assistance reports.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 23. (on 03/04/2025)

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