DLARA
Sponsored By: Representative Moore (NC)
Introduced
Summary
Tighten oversight, transparency, and trigger-based funding limits on the SBA disaster loan program, including COVID-EIDL. The bill would require new monthly data, separate budget disclosures, and a temporary loan restriction when loan funding runs low.
Show full summary
- Small businesses and disaster borrowers could face limits on new direct loans when unobligated balances fall below 10 percent of the most recent 10-year average annual cost. Any low-funding restriction must be applied uniformly, the Administrator must notify key House and Senate committees, and the low-funding trigger sunsets after four years.
- The SBA would send structured monthly reports showing changes to obligations and expenditures and include a J-paragraph summary of estimate changes. Missing a required report could bar official travel for responsible officials.
- The Government Accountability Office and the SBA Inspector General would carry out timed reviews and studies. GAO must report on weekly obligation and disbursement rates within 180 days and the SBA must produce implementation plans and forecasting corrections tied to those reviews.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Temporary limits when SBA funds run low
If enacted, this would create a low-funding trigger for SBA direct disaster loans. When unobligated funds fall below 10% of the 10-year average annual cost, the SBA must notify the House and Senate Small Business and Appropriations Committees within 24 hours. Starting the next business day and until more money is added, SBA could limit obligations to only the amount that requires collateral, applied the same to all loans. If SBA uses this limit, any remaining loan amounts would have to be obligated and paid on a regular schedule within 14 days after new funds are appropriated. This authority would end four years after enactment, and if used, GAO would report to Congress within one year after enactment.
Stronger reporting on SBA disaster loans
This bill would require clearer, monthly updates on SBA disaster loan funding. Each report would name the date funding will hit 10% of the latest appropriation and the date funds would run out. It would also explain any changes in estimates, with supporting data. If a monthly report is late, the SBA Administrator would lose access to official travel funds until the report is filed. The President’s budget would separately show costs for SBA disaster loans and for COVID-EIDL loans, with 10-year averages and explanations. It would also define which loans and congressional committees these rules cover.
Sponsors & CoSponsors
Sponsor
Moore (NC)
NC • R
Cosponsors
Davis (NC)
NC • D
Sponsored 6/27/2025
Edwards
NC • R
Sponsored 6/27/2025
Del. King-Hinds, Kimberlyn [R-MP-At Large]
MP • R
Sponsored 6/27/2025
Rep. Gimenez, Carlos A. [R-FL-28]
FL • R
Sponsored 6/27/2025
Rep. Murphy, Gregory F. [R-NC-3]
NC • R
Sponsored 6/27/2025
Rep. Donalds, Byron [R-FL-19]
FL • R
Sponsored 6/27/2025
Rep. Fry, Russell [R-SC-7]
SC • R
Sponsored 6/27/2025
Ciscomani
AZ • R
Sponsored 6/27/2025
Rep. Rouzer, David [R-NC-7]
NC • R
Sponsored 6/27/2025
Rep. Wilson, Joe [R-SC-2]
SC • R
Sponsored 6/27/2025
LaMalfa
CA • R
Sponsored 7/10/2025
Rep. Taylor, David J. [R-OH-2]
OH • R
Sponsored 7/10/2025
Rep. Harrigan, Pat [R-NC-10]
NC • R
Sponsored 7/14/2025
Rep. Flood, Mike [R-NE-1]
NE • R
Sponsored 7/16/2025
Rep. Luna, Anna Paulina [R-FL-13]
FL • R
Sponsored 9/8/2025
Rep. Meuser, Daniel [R-PA-9]
PA • R
Sponsored 10/3/2025
Rep. Begich, Nicholas J. [R-AK-At Large]
AK • R
Sponsored 7/17/2025
Rep. Shreve, Jefferson [R-IN-6]
IN • R
Sponsored 7/21/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov