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.
[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9946 Introduced in House (IH)]
<DOC>
118th CONGRESS
2d Session
H. R. 9946
To authorize the appropriation of $8,000,000,000 for disaster loans.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
October 8, 2024
Mr. Moskowitz introduced the following bill; which was referred to the
Committee on Small Business
_______________________________________________________________________
A BILL
To authorize the appropriation of $8,000,000,000 for disaster loans.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. 7(B) DISASTER LOAN AUTHORIZATION OF APPROPRIATIONS.
There is authorized to be appropriated to the Small Business
Administration $8,000,000,000 to make loans under section 7(b) of the
Small Business Act (15 U.S.C. 636(b)).
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Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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