summary
Introduced
09/26/2025
09/26/2025
In Committee
09/26/2025
09/26/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To ensure continued appropriations for certain Small Business Administration programs during a Government shutdown, and for other purposes.
AI Summary
This bill, called the "Funding Small Businesses During Shutdown Act," aims to ensure that certain Small Business Administration (SBA) loan programs continue to operate and be serviced even during a government shutdown. Specifically, the bill appropriates funding for fiscal year 2026 to cover salaries and expenses necessary to maintain loan services during any period when discretionary appropriations for the SBA have lapsed. The funding is allocated for 30-day periods (or pro-rated for shorter periods) and includes $500,000 for microloans under section 7(m), $2.92 billion for general business loans under section 7(a), $1.25 billion for loans under the Small Business Investment Act, and $13.775 million for administrative expenses related to the microloan program. By providing this automatic funding, the bill ensures that small businesses can continue to access critical loan services and that the SBA can maintain essential operations even during a government shutdown, thereby providing stability and predictability for small business owners.
Committee Categories
Budget and Finance
Sponsors (9)
Herbert Conaway (D)*,
Wesley Bell (D),
Joaquin Castro (D),
Steven Horsford (D),
Greg Landsman (D),
Sarah McBride (D),
Kelly Morrison (D),
Johnny Olszewski (D),
Lateefah Simon (D),
Last Action
Referred to the House Committee on Appropriations. (on 09/26/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/5568/all-info |
BillText | https://www.congress.gov/119/bills/hr5568/BILLS-119hr5568ih.pdf |
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