# 119-hr-3557: To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes.

119-hr-3557, To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes., is a 119th Congress bill sponsored by Rep. Neguse, Joe [D-CO-2] (D-CO); status introduced; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3557
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3557
- Congress: 119
- Title: To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes.
- Status: introduced
- Introduced: 2025-05-21
- Sponsor: Rep. Neguse, Joe [D-CO-2] (D-CO)
- Cosponsors: 2
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**12-month zero-interest and principal-payment deferral for SBA disaster loans.** This bill would require the Small Business Administration to set a 0% interest rate and defer principal payments for the first 12 months after disbursement on disaster loans made under Section 7(b). The change applies only to loans tied to disasters declared after enactment and aims to give affected small businesses a year of breathing room on loan costs and repayments.

## Cosponsors (2)

- Rep. Ciscomani, Juan [R-AZ-6] (R-AZ), 2025-05-21T00:00:00.000Z
- Rep. Nunn, Zachary [R-IA-3] (R-IA), 2025-10-03T00:00:00.000Z

## Provisions PRIA read

- Year-long relief for SBA disaster loans: benefit, medium. If enacted, some SBA disaster loans would charge 0% interest for the first 12 months. You would not have to make principal payments during that time. The 12 months would start on your loan disbursement date. This would only apply to loans under section 7(b) for disasters declared on or after enactm…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act

## Sources
- [119-hr-3557 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3557)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3557 (as of 2026-09-21).