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US HB1375

Bill

Official Source

Status

Introduced

2/14/2025

Primary Sponsor

Kathy Castor

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Increases the maximum additional loan amount for Small Business Administration (SBA) disaster loans from 20 percent to 30 percent

  • Amends Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A))

  • Introduced by Rep. Castor of Florida on February 14, 2025

  • Referred to the House Committee on Small Business

Legislative Description

To amend the Small Business Act with respect to the maximum additional loan amount for certain disaster loans, and for other purposes.

Commerce

Last Action

Referred to the House Committee on Small Business.

2/14/2025

Committee Referrals

Small Business2/14/2025

Full Bill Text

No bill text available