Last progress May 8, 2025 (7 months ago)
Introduced on May 8, 2025 by James Risch
Read twice and referred to the Committee on Small Business and Entrepreneurship.
This bill aims to help small businesses recover faster after disasters. It lets the Small Business Administration (SBA) send help from its “resource partners” to hard‑hit areas, even if those helpers are based somewhere else. These partners can give advice and support for up to two years after a disaster, and the SBA can extend that time if needed. The SBA should also let these helpers use SBA‑designated sites to provide disaster recovery help, and make sure they keep serving their home areas too. The SBA must add links to resource partners on its disaster webpages and share key updates with them so they can spread the word to disaster loan applicants. The SBA will also update its coordination plans to work better with other agencies and resource partners during high demand.
Key points: