A Republican bill with 2 Democratic cosponsors · See all 19 cosponsors
Last activity — Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 448.
Waiting for a floor vote in the other chamber
Passed one chamber and is on the other chamber's calendar.
The calendar is a queue, not a date. The majority leadership decides what comes to the floor and when; much of what is placed on it is never called, and a bill that is never called simply expires with the Congress.
Its path through Congress
- Introduced
- Passed House voice vote
- Awaiting Senate
- On Senate calendar
The House by voice vote (members called out yes or no together): no member's position on it was recorded.
What this bill would do
The Disaster Loan Accountability and Reform Act aims to improve accountability within the Small Business Administration's disaster loan program. It implements new monthly reporting requirements regarding loan funding levels and depletion dates. The bill requires more detailed budget statements comparing current requests to 10-year averages for disaster and COVID-EIDL loans. It also mandates notifications to Congress when disaster loan funding falls below a specific threshold. Additionally, the Act directs the GAO to conduct several reports on loan obligations, disbursements, and the cost of recent rule changes. Finally, it requires the SBA Administrator to submit a report on improving budget forecasting and data quality.
Yes· 3 of 6
- Scored +5
Does this make what the government does easier for the public to see?
The bill significantly improves transparency by mandating frequent and detailed reports on loan availability and costs.
- Scored +3
Does this make the government pay for what it commits to?
The bill enhances fiscal responsibility by mandating stricter budget forecasting and detailed reporting on disaster loan costs.
- Scored +3
Would business owners be better off under this?
Increased predictability and transparency in disaster funding can provide security for business owners during crises.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Transparency on Funding: The bill requires reports to include the specific date when available loan funding will reach 10 percent of the most recent appropriation and the date when funds will be depleted (Section 4). This provides clearer information on when disaster assistance resources might run out.
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Enhanced Oversight of Financial Trends: The Act requires separate statements for budget requests that include a 10-year average and explanations for any differences (Section 5). This could help ensure more consistent and predictable funding for disaster loans and administrative costs.
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Early Warning for Low Funding: The SBA Administrator must notify specific Congressional committees within 24 hours if the balance of funds for direct loans falls below 10 percent of the sought 10-year average (Section 6). This provides an early warning system regarding the availability of disaster assistance.
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Data-Driven Improvements: The Administrator must submit a report detailing corrections to improve forecasting, data quality, and budget assumptions (Section 9). This focus on data quality could lead to better management of disaster loan resources.
Potential Negative Impacts for People
- Penalties for Delayed Reporting: If the SBA Administrator fails to submit required reports by the due date, no funds are authorized for the Administrator's official travel until the report is submitted (Section 4). This imposes a restriction on official agency travel due to administrative delays.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill significantly improves transparency by mandating frequent and detailed reports on loan availability and costs. Does this give the federal government more power? — The bill increases federal oversight and reporting requirements for the SBA Administrator.
- Economy And Finance
- Does this make the government pay for what it commits to? — The bill enhances fiscal responsibility by mandating stricter budget forecasting and detailed reporting on disaster loan costs. Does this make it easier to run a small business? — Increased transparency regarding loan fund depletion dates can help small businesses plan for disaster recovery availability.
- Demographic And Interest Groups
- Would business owners be better off under this? — Increased predictability and transparency in disaster funding can provide security for business owners during crises.
- Environment Energy And Infrastructure
- Does this improve help for people hit by a disaster? — While focusing on SBA loans, the oversight improves the reliability of disaster relief funds.
In the queue for a floor vote, with no date set
- 6/24/2026
- Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 448.
- 6/23/2026
- Motion to reconsider laid on the table Agreed to without objection.
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4143-4144)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 4238.
- Considered under suspension of the rules. (consideration: CR H4143-4145)
- Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
- 6/11/2026
- Reported (Amended) by the Committee on Small Business. H. Rept. 119-695, Part I.
- Committee on the Budget discharged.
- Placed on the Union Calendar, Calendar No. 603.
- 5/20/2026
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 0.
- 5/19/2026
- 1 Cosponsor added.
- 10/3/2025
- 1 Cosponsor added.
- 9/8/2025
- 1 Cosponsor added.
- 7/21/2025
- 1 Cosponsor added.
- 7/17/2025
- 1 Cosponsor added.
- 7/16/2025
- 1 Cosponsor added.
- 7/14/2025
- 1 Cosponsor added.
- 7/10/2025
- 2 Cosponsors added.
- 6/27/2025
- Referred to the Committee on Small Business, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 10 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Nicholas BegichRepublican · Alaska
Juan CiscomaniRepublican · Arizona
Byron DonaldsRepublican · Florida
Donald DavisDemocrat · North Carolina
Chuck EdwardsRepublican · North Carolina
Mike FloodRepublican · Nebraska
Russell FryRepublican · South Carolina
Carlos GimenezRepublican · Florida
Maggie GoodlanderDemocrat · New Hampshire
Pat HarriganRepublican · North Carolina
Kimberlyn King-HindsRepublican · Northern Mariana Islands
Doug LaMalfaRepublican · California
Anna Paulina LunaRepublican · Florida
Daniel MeuserRepublican · Pennsylvania
Gregory MurphyRepublican · North Carolina
David RouzerRepublican · North Carolina
Jefferson ShreveRepublican · Indiana
David TaylorRepublican · Ohio
Joe WilsonRepublican · South Carolina