DLARA

Hozzl · 2025-03-19T14:04:58Z

Explore the details of Senate Bill 300 DLARA currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

3/19/2025, 2:04 PM

Summary of Bill S 300

Bill 119 s 300, also known as the Disaster Loan Accountability Act, aims to enhance oversight and transparency within the Small Business Administration's disaster loan program. The bill seeks to address concerns regarding the management and distribution of funds in the wake of natural disasters and other emergencies.

Key provisions of the bill include requirements for the SBA to regularly report on the status of disaster loan applications, including the number of applications received, approved, and denied. Additionally, the bill mandates that the SBA establish clear guidelines for determining eligibility for disaster loans and ensure that funds are distributed in a timely and efficient manner.

Furthermore, the bill includes measures to strengthen accountability within the disaster loan program, such as implementing regular audits and reviews of the program's operations. This will help to identify any potential issues or inefficiencies and ensure that taxpayer dollars are being used effectively. Overall, the Disaster Loan Accountability Act aims to improve the management and oversight of the SBA's disaster loan program, ultimately ensuring that businesses and individuals affected by disasters receive the support they need in a timely and transparent manner.

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Current Status of Bill S 300

Bill S 300 is currently in the status of Bill Introduced since January 29, 2025. Bill S 300 was introduced during Congress 119 and was introduced to the Senate on January 29, 2025. Bill S 300's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 22. as of March 4, 2025

Bipartisan Support of Bill S 300

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 300

Primary Policy Focus

Commerce

Potential Impact Areas

Congressional oversightDisaster relief and insuranceGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsSmall business

Alternate Title(s) of Bill S 300

A bill to improve accountability in the disaster loan program of the Small Business Administration, and for other purposes.A bill to improve accountability in the disaster loan program of the Small Business Administration, and for other purposes.

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