Small Business Disaster Damage Fairness Act of 2023
USA118th CongressS-943| Senate
| Updated: 7/25/2023
John Kennedy
Republican Senator
Louisiana
Small Business and Entrepreneurship Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Small Business Disaster Damage Fairness Act of 2023 This bill increases from $14,000 to $25,000 the threshold loan amount over which the Small Business Administration may require collateral for a disaster loan. The Government Accountability Office must report on the performance, including the default rate, of such loans.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Small Business and Entrepreneurship. Reported by Senator Cardin with an amendment in the nature of a substitute. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.
Commerce
Credit and credit marketsGovernment studies and investigationsInterest, dividends, interest ratesNatural disastersPerformance measurementSmall business
Small Business Disaster Damage Fairness Act of 2023
USA118th CongressS-943| Senate
| Updated: 7/25/2023
Small Business Disaster Damage Fairness Act of 2023 This bill increases from $14,000 to $25,000 the threshold loan amount over which the Small Business Administration may require collateral for a disaster loan. The Government Accountability Office must report on the performance, including the default rate, of such loans.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Small Business and Entrepreneurship. Reported by Senator Cardin with an amendment in the nature of a substitute. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.
John Kennedy
Republican Senator
Louisiana
Small Business and Entrepreneurship Committee
Commerce
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Credit and credit marketsGovernment studies and investigationsInterest, dividends, interest ratesNatural disastersPerformance measurementSmall business