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SBA Disaster Transparency Act

11/28/2024, 12:53 AM

Summary of Bill S 5357

Bill 118 s 5357, also known as the "Small Business Disaster Assistance Reporting Act," is a proposed piece of legislation that aims to increase transparency and accessibility of information regarding small business disaster assistance provided by the Small Business Administration (SBA).

The bill mandates that certain reports on small business disaster assistance must be published on the SBA's website. This includes information on the number of small businesses that have received disaster assistance, the types of assistance provided, and the outcomes of the assistance. By making this information readily available to the public, the bill seeks to improve accountability and ensure that small businesses have access to the resources they need in times of crisis.

In addition to requiring the publication of reports, the bill also includes provisions for other purposes related to small business disaster assistance. While the specifics of these provisions are not detailed in the summary, it can be inferred that they are intended to further support small businesses in the event of a disaster. Overall, Bill 118 s 5357 aims to enhance transparency and accessibility of information regarding small business disaster assistance provided by the SBA, ultimately benefiting small businesses and promoting accountability in the administration of disaster assistance programs.

Current Status of Bill S 5357

Bill S 5357 is currently in the status of Bill Introduced since November 20, 2024. Bill S 5357 was introduced during Congress 118 and was introduced to the Senate on November 20, 2024.  Bill S 5357's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of November 20, 2024

Bipartisan Support of Bill S 5357

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
0
Republican Cosponsors
7
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5357

Primary Policy Focus

Alternate Title(s) of Bill S 5357

A bill to require certain reports on small business disaster assistance to be published on the website of the Small Business Administration, and for other purposes.
A bill to require certain reports on small business disaster assistance to be published on the website of the Small Business Administration, and for other purposes.

Comments

Marleigh Shea profile image

Marleigh Shea

745

1 year ago

This bill is trash.

Albert Weiss profile image

Albert Weiss

682

1 year ago

I heard about this new bill and it's like, really confusing. I don't really get what it's all about, but it sounds like it could have some bad effects. I hope it doesn't mess things up for me in the long run.

Alayah Bullock profile image

Alayah Bullock

783

1 year ago

This bill is so lit! It's gonna help so many people out. #benefitsforall

Emilio Spivey profile image

Emilio Spivey

626

1 year ago

I don't like this new bill, how will it affect me in the long run?

Hayley Gilliam profile image

Hayley Gilliam

735

1 year ago

I can't believe this bill is even being considered! It's just another way for the government to waste our hard-earned tax dollars. They should be focusing on more important issues instead of wasting time on this. It's ridiculous how they think they can just throw money at problems without any accountability. Who benefits from this bill anyway? It's definitely not the American people.