CONGRESS FOR VOTERS

DemocratBill · H.R. 1375· House(119-HR-1375)

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

Rep. Castor
Age: 60 years
Florida
Introduced
2/14/2025
Last activity
2/14/2025 — Referred to the House Committee on Small Business.
Sponsored by
Kathy Castor
Cosponsors
None
Commerce
  1. Introduced
  2. In Committee

What this bill would do

This bill proposes an amendment to the Small Business Act. It specifically targets the maximum additional loan amount allowed for certain disaster loans. The change would involve increasing a specific percentage used in the act. The legislation aims to adjust these loan limits for the purpose of addressing disaster-related needs.

Yes· 3 of 5

  • Would business owners be better off under this?+5

    Small business owners will have access to higher percentages of additional loan amounts during disasters.

  • Does this make it easier to run a small business?+5

    The bill increases the maximum additional loan amount for certain disaster loans from 20 percent to 30 percent.

  • Does this improve help for people hit by a disaster?+3

    The bill expands the capacity of disaster-related loans available to small businesses.

The opposite

No question was scored the opposite.