Sponsors (20)
The bill substantially increases transparency, forecasting, and congressional visibility into SBA disaster loan costs—helping taxpayers, lawmakers, and small businesses plan and oversee funding—at the cost of added administrative burdens on the SBA, potential delays or reduced flexibility in program delivery, and a risk of increased near‑term federal spending.
Taxpayers, Congress, and oversight bodies will get clearer, more timely, and more comparable information on SBA disaster‑loan balances, costs, and funding needs, improving budget transparency and legislative oversight.
Small‑business owners and disaster‑affected communities will receive clearer signals about loan availability, disbursement timing, and when funds are running low, helping them plan cash flow and enabling quicker legislative responses when shortfalls occur.
Independent GAO analyses and required forecasting corrections create a roadmap for SBA managers to fix data and budgeting problems, which can improve forecasting accuracy and, over time, speed and reliability of disaster loan disbursements.
SBA staff will face substantial additional administrative and reporting burdens (frequent reports, GAO coordination, threshold monitoring) that could divert time and personnel away from direct program delivery and slow assistance to borrowers.
More granular reporting and mandated alerts could prompt urgent legislative pressure for additional appropriations or larger funding requests (including from using multi‑year averages), raising near‑term federal spending or deficit impacts for taxpayers.
Excluding CARES Act §1110 loans from the statute may deny some borrowers access to relief or program benefits they expected, harming affected small businesses or borrowers who relied on pandemic-era provisions.
Based on analysis of 8 sections of legislative text.
Expands SBA disaster loan reporting and budget transparency, mandates GAO reviews, requires corrective plans, and ties Administrator travel funds to timely reports.
Official title: DLARA
Introduced June 27, 2025 by Tim Moore · Last progress June 24, 2026
Requires the Small Business Administration to expand and improve reporting, budget disclosures, and forecasting for direct disaster loans and COVID‑EIDL loans. It adds new budget justification line items, tightens near‑real‑time notice rules when loan funding runs low, directs GAO reviews of SBA loan account activity and recent regulatory changes, and temporarily bars funding for the SBA Administrator's official travel if required monthly reports are overdue. Mandates multiple reports and recurring status updates, creates specific timelines for GAO and SBA deliverables, and requires the SBA to submit implementation plans responding to GAO recommendations. Many requirements take effect on enactment and include short deadlines (30, 90, 180 days, or one year) for initial reports and recurring updates until corrections are implemented.