To provide for a limitation on availability of funds for Independent Agencies, Small Business Administration, Disaster Loan Program for fiscal year 2024.

12/15/2023, 3:56 PM

This bill limits FY2024 funding for the Small Business Administration's Disaster Loan Program.

Bill 118 hr 2149, also known as the "Limitation on Availability of Funds for Independent Agencies, Small Business Administration, Disaster Loan Program for Fiscal Year 2024," aims to place restrictions on the amount of funds that can be allocated to the Small Business Administration's Disaster Loan Program for the fiscal year 2024. The bill seeks to limit the availability of funds for this program in order to ensure that resources are being used efficiently and effectively.

The bill is intended to address concerns about the potential misuse or misallocation of funds within the Small Business Administration's Disaster Loan Program. By placing limitations on the availability of funds, the bill aims to promote greater accountability and oversight of how these funds are being used.

Overall, the goal of Bill 118 hr 2149 is to ensure that taxpayer dollars are being spent responsibly and in a manner that maximizes the impact of the Small Business Administration's Disaster Loan Program. The bill will be subject to further debate and consideration in Congress before potentially being passed into law.
Congress
118

Number
HR - 2149

Introduced on
2023-03-29

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/29/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill limits FY2024 funding for the Small Business Administration's Disaster Loan Program.

Bill 118 hr 2149, also known as the "Limitation on Availability of Funds for Independent Agencies, Small Business Administration, Disaster Loan Program for Fiscal Year 2024," aims to place restrictions on the amount of funds that can be allocated to the Small Business Administration's Disaster Loan Program for the fiscal year 2024. The bill seeks to limit the availability of funds for this program in order to ensure that resources are being used efficiently and effectively.

The bill is intended to address concerns about the potential misuse or misallocation of funds within the Small Business Administration's Disaster Loan Program. By placing limitations on the availability of funds, the bill aims to promote greater accountability and oversight of how these funds are being used.

Overall, the goal of Bill 118 hr 2149 is to ensure that taxpayer dollars are being spent responsibly and in a manner that maximizes the impact of the Small Business Administration's Disaster Loan Program. The bill will be subject to further debate and consideration in Congress before potentially being passed into law.
Alternative Names
Official Title as IntroducedTo provide for a limitation on availability of funds for Independent Agencies, Small Business Administration, Disaster Loan Program for fiscal year 2024.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary7/20/2023

This bill limits FY2024 funding for the Small Business Administration's Disaster Loan Program.


Latest Action3/29/2023
Referred to the House Committee on Small Business.