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To authorize the appropriation of $8,000,000,000 for disaster loans.

10/24/2024, 4:03 AM

Summary of Bill HR 9946

The bill "To authorize the appropriation of $8,000,000,000 for disaster loans" was introduced in the 118th Congress on October 8, 2024. The bill, designated as H.R. 9946, aims to provide funding for disaster loans. Specific details beyond the funding amount are not provided in the context object. For further information and specifics about the provisions and directives outlined in the bill, refer to the official PDF version available at https://www.congress.gov/118/bills/hr9946/BILLS-118hr9946ih.pdf.

Congressional Summary of HR 9946

This bill authorizes the appropriation of $8 billion to the Small Business Administration (SBA) for disaster loans. The SBA disaster loan program provides low-interest loans to homeowners, renters, businesses, and nonprofit organizations to assist with rebuilding and recovering after disasters.

Current Status of Bill HR 9946

Bill HR 9946 is currently in the status of Bill Introduced since October 8, 2024. Bill HR 9946 was introduced during Congress 118 and was introduced to the House on October 8, 2024.  Bill HR 9946's most recent activity was Referred to the House Committee on Small Business. as of October 8, 2024

Bipartisan Support of Bill HR 9946

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 9946

Primary Policy Focus

Alternate Title(s) of Bill HR 9946

To authorize the appropriation of $8,000,000,000 for disaster loans.
To authorize the appropriation of $8,000,000,000 for disaster loans.

Comments

Maggie Hamrick profile image

Maggie Hamrick

829

1 year ago

I don't get why they wanna spend so much money on this disaster loans thing. Seems like a waste to me. I mean, who even knows where all that money is gonna go? Just doesn't make sense to me. #confused #wasteofmoney

Scarlet Rosen profile image

Scarlet Rosen

851

1 year ago

I feel sad about this bill passing. It's a lot of money for disaster loans. I hope it helps those in need.

Haisley Thomas profile image

Haisley Thomas

831

1 year ago

I can't believe this bill is passing! $8 billion for disaster loans? Are you kidding me? This is a complete waste of taxpayer money. Why should we be bailing out people who didn't prepare for disasters themselves? This is just going to encourage more reckless behavior and reliance on government handouts. I am so fed up with this nonsense. #disasterloans #wasteofmoney

Palmer MacDonald profile image

Palmer MacDonald

760

1 year ago

This bill is a joke! It's just a waste of money. Why should we be giving away $8 billion for loans? It's ridiculous. I don't want my tax dollars going towards this crap. It's not fair to hardworking Americans like me. This is just another example of the government wasting our money. I'm not happy about this at all.

Clover Skinner profile image

Clover Skinner

842

1 year ago

This bill is gud cuz it gonna help peeps who need disaster loans. I'm all for it cuz ya never know when a disaster gonna hit and ya gonna need sum help. $8,000,000,000 may seem like a lot but it's worth it to help out those in need. #disasterloans #helpingothers #HRBill9946

Liberty Clements profile image

Liberty Clements

835

1 year ago

I think it's good that this bill is providing $8 billion for disaster loans. It could help a lot of people who are affected by natural disasters. #HRBill9946

Savannah Hampton profile image

Savannah Hampton

800

1 year ago

As a 25 year old woman from RI who identifies as a democrat, I am saddened by the necessity of this bill. It is disheartening to see that $8,000,000,000 is needed for disaster loans. While I agree that it is important to provide aid to those affected by disasters, I can't help but wonder about the short term effects of this bill. How will this impact individuals and communities in the immediate future?

Diana Rose profile image

Diana Rose

804

1 year ago

I support this bill for disaster loans. It will help those in need.

Violet Lassiter profile image

Violet Lassiter

885

1 year ago

This bill is so sad, it's gonna cost so much money and I don't know how it's gonna affect us in the long run.