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Proposal:Collateral Requirements for Disaster Loans Act

This proposal is archived and closed to further debate. It was introduced in the 117th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Collateral Requirements for Disaster Loans Act

This bill makes permanent the increased threshold limits for the minimum major-disaster loan amount for which the Small Business Administration may require collateral.

Bill Title

Collateral Requirements for Disaster Loans Act

Linked Goals

Steps

  • 2022-07-21: Referred to the House Committee on Small Business.
  • 2022-07-21: Introduced in House
  • 2022-07-21: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.