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To amend the Small Business Act to modify application deadlines and communication requirements for certain disaster assistance, and for other purposes.
To amend the Small Business Act to modify application deadlines and communication requirements for certain disaster assistance, and for other purposes.
Summary
The bill amends the Small Business Act to extend the deadline for disaster relief loan applications by 60 days after the standard application deadline, and allows the Small Business Administration to accept late applications if the applicant demonstrates good cause. It also expands communication requirements by requiring the SBA to notify not only the relevant Congressional committees but also each Member of Congress representing an affected district about disaster assistance opportunities through web-based outlets. These changes are intended to improve access to disaster assistance for small businesses affected by major disasters.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Neguse, Joe [D-CO-2] (D-CO)
1 cosponsor
Money behind the sponsor
Top reported contributors to Joe Neguse’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- BROWNSTEIN HYATT FARBER SCHRECK $31,726
- HOLLAND & HART $17,400
- ELEVATIONS CREDIT UNION $14,600
- FOUNDRY GROUP $14,200
- DISH NETWORK $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Joe Neguse → · Outside spending →
Actions (2)
- May 21, 2025 Referred to the House Committee on Small Business. · house
- May 21, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
May 21, 2025
Mr. Neguse (for himself and Mr. Edwards) introduced the following bill; which was referred to the Committee on Small Business
A BILL
To amend the Small Business Act to modify application deadlines and communication requirements for certain disaster assistance, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. MODIFICATION TO APPLICATION DEADLINES AND COMMUNICATION REQUIREMENTS FOR CERTAIN DISASTER ASSISTANCE.
Section 7(b) of the Small Business Act (15 U.S.C. 636(b)) is amended—
(1) in paragraph (4)—
(A) in subparagraph (A)—
(i) by striking “correspond with application deadlines” and inserting “end on the date that is 60 days after any application deadlines that are”; and
(ii) by striking “, or as” and inserting “or that are”;
(B) by adding at the end the following new subparagraphs:
“(C) Late applications.—The Administrator may accept an application for disaster relief relating to a major disaster under this paragraph at any time after the deadline in subparagraph (A) if the applicant demonstrates good cause for the late submission.”; and
(C) in subparagraph (B), in the matter preceding clause (i), by striking “and the Committee on Small Business of the House of Representatives” and inserting “, the Committee on Small Business of the House of Representatives, and each office of a Member of Congress that represents a district in which a major disaster has occurred”; and
(2) in paragraph (5), in the matter preceding subparagraph
(A), by inserting “and to communicate to each office of a Member of Congress that represents a district in which a major disaster has occurred,” after “web-based outlets,”. <all>
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