A bill making supplemental appropriations for small business disaster relief for the fiscal year ending September 30, 2025.
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Summary
This bill appropriates $810 million in supplemental funding for the Small Business Administration's disaster loans program for fiscal year 2025. Of this amount, $10 million is directed to the Inspector General for audits of disaster loan programs, and up to $250 million may be transferred for administrative expenses. The bill also requires the Inspector General to review the causes of the funding shortfall and the SBA Administrator to submit reports on forecasting improvements and implementation progress.
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