Small Business Disaster Damage Fairness Act of 2025 has not moved since its introduction on Feb 4, 2025, with cosponsors, all Democrats
IntroducedFeb 4, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 83 words.
Small Business Disaster Damage Fairness Act of 2025 This bill increases from $14,000 to $50,000 the threshold loan amount over which the Small Business Administration (SBA) may require collateral for a disaster loan. The Government Accountability Office must report on the performance, including the default rate, of such loans. Additionally, the SBA must (1) distinguish between rural and urban communities in the outreach and marketing for disaster loans, and (2) incorporate actions to mitigate challenges encountered by rural communities in accessing such loans.
Context
- Committees
- Senate Small Business and Entrepreneurship Committee
- Policy area
- Commerce: 44 of 2,416 bills became law, 113th–118th (1.8%)
- Sponsor
- 13 of 329 bills enacted since 2013
- Text versions
- 1: introduced in senate · 363 words
- Latest action
- Feb 4, 2025: Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th H.R. 1021 Small Business Disaster Damage Fairness Act of 2025 D · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]