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Budd, Ted [R-NC]","NC","R","B001305",[15],{"description":16,"pubDate":17,"title":18,"url":19},"As reported by the Senate Committee on Small Business and Entrepreneurship on March 4, 2025","2025-04-21T18:19:00Z","S. 300, DLARA","https:\u002F\u002Fwww.cbo.gov\u002Fpublication\u002F61355","Senate",119,false,"DLARA","2026-05-10T18:54:22.824Z",[],9,0,6,"s","2025-01-29","https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fsenate-bill\u002F300","Commerce",{"date":6,"text":34},"Placed on Senate Legislative Calendar under General Orders. Calendar No. 22.",300,"reported",3,[39,40,41,42,43,44],"Congressional oversight","Disaster relief and insurance","Government information and archives","Government lending and loan guarantees","Government studies and investigations","Small business","commerce",[47],{"name":48,"systemCode":49,"chamber":20,"activities":50,"subcommittees":60,"type":61},"Small Business and Entrepreneurship Committee","sssb00",[51,54,57],{"name":52,"date":53},"Referred To","2025-01-29T18:01:50Z",{"name":55,"date":56},"Markup By","2025-02-21T00:57:59Z",{"name":58,"date":59},"Reported By","2025-03-04T22:06:46Z",[],"Standing",[49],"2026-06-17T14:46:19Z","2026-06-17T21:00:47.920Z",[66,67,68,69,70,71,72,73,74,75],"dlara","dl","dla","dlar","sen","budd","bu","bud","ted","nc",true,[78],{"versionCode":79,"actionDate":6,"actionDesc":80,"text":81,"updateDate":82},"25","Reported to Senate","\u003Cp>\u003Cstrong>Disaster Loan Accountability and Reform Act or the DLARA\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill modifies the Small Business Administration (SBA) disaster loan program and requires external review of, and reporting on, the program.\u003C\u002Fp>\u003Cp>First, the bill requires the SBA to report monthly on the operation of the disaster loan program. (Currently, the SBA must report only during the applicable period for a major disaster.) The report must estimate the date on which available funding for such loans will reach 10% of the most recent appropriation and the date on which the funds will be depleted.\u003C\u002Fp>\u003Cp>Second, the President's annual budget must include separate statements regarding the appropriations request for SBA disaster loans and COVID-19 Economic Injury Disaster Loans (EIDL), including explanations for any difference between the amount requested and the 10-year average cost for such loans.\u003C\u002Fp>\u003Cp>Third, for a period of four years, the SBA must notify Congress when the unobligated balance of amounts available for disaster loans is less than 10% of the 10-year average annual cost provided in the most recent Presidential budget. At such point, the SBA may limit disaster loans to collateralized amounts.\u003C\u002Fp>\u003Cp>Finally, the bill requires additional oversight of the disaster loan program, including\u003C\u002Fp>\u003Cul>\u003Cli>a Government Accountability Office report on the disbursement of disaster loans and the effect of specified SBA rules on home lending limits,\u003C\u002Fli>\u003Cli>an SBA Office of Inspector General review of recent funding shortfalls for disaster loans, and\u003C\u002Fli>\u003Cli>an SBA report on improvements for forecasting the cost of disaster loans.\u003C\u002Fli>\u003C\u002Ful>","2026-05-14T18:47:18Z",[84,89,94,99,103,107,111,114,118],{"bioguideId":85,"fullName":86,"party":12,"state":87,"sponsorshipDate":88,"isOriginalCosponsor":22,"withdrawn":22,"sponsorshipWithdrawnDate":3},"K000393","Sen. 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