Saturday, November 23, 2019

Bill Announcement

Office of the Press Secretary
On Friday, November 22, 2019, the President signed into law:


S. 862, the "Rebuilding Small Businesses After Disasters Act," which extends for three additional years, through November 24, 2022, the current SBA disaster loan collateral requirements; and requires the Government Accountability Office, within one year of enactment, to submit to relevant congressional committees a report comparing the performance, including default rates, of SBA disaster loans made prior to and after the date on which the current collateral requirements were established.

 

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