To amend the Small Business Act to provide for cancellation or repayment for Small Business Administration disaster loans, and for other purposes.
Latest Action
Referred to the House Committee on Small Business.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™H.R. 9036 is a bill introduced in the 118th Congress aiming to amend the Small Business Act to allow for the cancellation or repayment of disaster loans issued by the Small Business Administration (SBA). The bill seeks to provide mechanisms for borrowers to have their disaster loans canceled or to repay them under modified terms. The bill was referred to the House Committee on Small Business but has since failed or expired. No full text or detailed summary is publicly available, limiting the ability to provide a comprehensive analysis of its provisions.
This bill proposes changes to SBA disaster loan repayment or cancellation policies but did not advance beyond committee review and has expired.
- The bill intends to amend the Small Business Act related to SBA disaster loans.
- It focuses on providing options for cancellation or repayment of disaster loans.
- The bill was referred to the House Committee on Small Business but did not progress further.
['Small businesses that have received disaster loans from the SBA', 'The Small Business Administration as the administering agency']
['Lack of publicly available full bill text limits understanding of specific implementation details and authority changes.', 'Potential fiscal impact on the SBA and federal budget due to loan cancellations or modified repayment terms.', 'Oversight and enforcement mechanisms are unclear without full text, which may affect program integrity.']
The bill was introduced during the 118th Congress and referred to the House Committee on Small Business. It addresses disaster loan policies under the Small Business Act, a key legislative framework for SBA operations. The bill did not advance beyond committee and is currently classified as failed or expired.
Hidden impact flags detected: 2
GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['Potential relief for small businesses affected by disasters if loan cancellation or repayment options are expanded.', 'Possible increased administrative burden on the SBA to manage revised loan cancellation or repayment processes.', 'Impact on federal budget allocations for disaster loan programs depending on the scale of cancellations or repayment modifications.']
The absence of a full bill text and official summary limits transparency and public understanding of the bill's specific provisions and potential impacts. The bill's failure to advance beyond committee suggests limited legislative momentum. Oversight considerations include the need for clear implementation guidelines and fiscal impact assessments to ensure accountability in managing disaster loan modifications.
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