DLARA

This bill changes how the Small Business Administration (SBA) handles its disaster loan program by requiring more regular reporting and outside review. The SBA would have to report every month on how the program is running, including when funding might run low or run out. The President's yearly budget would need to separately explain how much money is being requested for disaster loans and COVID-19 business injury loans, and why that amount might differ from what's been spent on average over the past 10 years. The bill also requires reviews by government watchdog agencies to look into past funding shortages, how disaster loans have been given out, and how the SBA can do a better job predicting future costs.

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