H.R. 4238 · Passed House · Commerce

DLARA

What it does

Require the SBA to submit monthly reports on disaster loan program operations, including projected dates when available funding reaches 10% and full depletion of appropriations.
Prohibit the SBA Administrator from using funds for official travel if monthly reports are not submitted by the required deadline.
Direct the President's annual budget to include separate appropriations requests and 10-year cost comparisons for SBA disaster loans and COVID-19 EIDLs.
Require the SBA to notify Congress when unobligated disaster loan balances fall below 10% of the 10-year average annual cost.

Official summary

Disaster Loan Accountability and Reform Act or the DLARA This bill modifies the Small Business Administration (SBA) disaster loan program to require additional oversight and reports regarding the program. First, the bill requires the SBA to report monthly on the operation of the disaster loan program. (Currently, the SBA must report only during the applicable period for a major disaster.) The report must estimate the date on which available funding for such loans will reach 10% of the most recent appropriation and the date on which the funds will be depleted. If a report is not submitted by the required date, no funds may be obligated for official travel by the SBA Administrator until the report is submitted. Second, the President's annual budget must include separate statements regarding the appropriations request for SBA disaster loans and COVID-19 Economic Injury Disaster Loans (EIDL), including explanations for any difference between the amount requested and the 10-year average cost for such loans. Third, the SBA must notify Congress when the unobligated balance of amounts available for disaster loans is less than 10% of the 10-year average annual cost provided in the most…

Latest action

Jun 24, 2026: Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 448.

Committee: House Budget