Small Business ICE Disruption Fund Act
Sponsored By: Senator Markey, Edward J. [D-MA]
Introduced
Summary
Creates direct grants to small businesses affected by federal immigration enforcement actions. The bill would set up a Small Business ICE Disruption Fund run by the Small Business Administration and authorize funding to compensate verified revenue losses.
Show full summary
- Small businesses: Eligible small businesses in areas with a federal immigration enforcement action within the last year must show at least a 25% revenue loss to qualify. Grants match documented losses and are capped at $1.0 million per eligible business with awards made in the order applications arrive.
- Small Business Administration: The SBA would administer the Fund, verify applicants using tax returns and business identifiers like EIN or Social Security numbers, and run fraud checks against government databases.
- Local economies: Awards focus on revenue shortfalls tied to enforcement actions, directing aid to businesses in affected communities rather than broadly across sectors.
*This bill would authorize $200 million in federal spending for FY2026, increasing federal outlays.*
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
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Small business relief after immigration enforcement
If enacted, the bill would create a $200,000,000 Small Business ICE Disruption Fund for fiscal year 2026. The Small Business Administration would run the fund and award grants in the order applications arrive. Small businesses in areas with a federal immigration enforcement action in the last year that lost at least 25% of revenue because of the action would be eligible. Grants would equal documented revenue loss but would be capped at $500,000 per physical location and $1,000,000 total for an entity and its affiliates. Applicants would certify their losses, provide a business identifier, and the SBA would verify tax returns and cross-check government databases to prevent fraud.
Sponsors & CoSponsors
Sponsor
Markey, Edward J. [D-MA]
MA • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov