HR1375-119

Introduced

To amend the Small Business Act with respect to the maximum additional loan amount for certain disaster loans, and for other purposes.

119th Congress Introduced Feb 14, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill expands a loan guarantee provision: 1. Maximum additional loan amount for certain disaster loans Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A)) is amended by striking 20 per centum and inserting. It relies on loan guarantees. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Expands a loan guarantee provision: 1. Maximum additional loan amount for certain disaster loans Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A)) is amended by striking 20 per centum and inserting...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill expands a loan guarantee provision: 1. Maximum additional loan amount for certain disaster loans Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A)) is amended by striking 20 per centum and inserting.

Key Policy Areas

Finance

Primary Purpose

The bill expands a loan guarantee provision: 1. Maximum additional loan amount for certain disaster loans Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A)) is amended by striking 20 per centum and inserting.

Policy Domains

Finance

Legislative Progress

Introduced
Introduced Committee Passed
Feb 14, 2025

Ms. Castor of Florida introduced the following bill; which was …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology