H.R. 4238

DLARA

Sponsor: Tim Moore · 19 cosponsors

Follow this bill

Official summary

Written by the Congressional Research Service.

Disaster Loan Accountability and Reform Act or the DLARA

This bill modifies the Small Business Administration (SBA) disaster loan program to require additional oversight and reports regarding the program.

First, the bill requires the SBA to report monthly on the operation of the disaster loan program. (Currently, the SBA must report only during the applicable period for a major disaster.) The report must estimate the date on which available funding for such loans will reach 10% of the most recent appropriation and the date on which the funds will be depleted. If a report is not submitted by the required date, no funds may be appropriated for official travel by the SBA Administrator until the report is submitted. 

Second, the President's annual budget must include separate statements regarding the appropriations request for SBA disaster loans and COVID-19 Economic Injury Disaster Loans (EIDL), including explanations for any difference between the amount requested and the 10-year average cost for such loans.

Third, the SBA must notify Congress when the balance of amounts available for disaster loans is less than 10% of the 10-year average annual cost provided in the most recent presidential budget.

Finally, the bill requires additional oversight of the disaster loan program, including

  • Government Accountability Office reports on the disbursement of disaster loans and the cost of specified SBA rules that modified the loan program; and
  • an SBA report on its actions to improve forecasting, data quality, and budget assumptions for the cost of disaster loans.

Text of the bill

Expand all
Sec. 4. Monthly disaster loan reports Changed · Jun 23

Where this section came from

  1. Jun 27, 2025 · Introduced in House Referred to House Committee on the Budget, Jun 27 Referred to House Committee on Small Business, Jun 27
  2. Jun 23, 2026 · Engrossed in House
What changed in the text

… 15 unchanged passages …

(3) Prohibition on official travel. If the Administrator does not submit a report required to be submitted under paragraph (1) by the required date, no funds may are authorized to be obligated appropriated for official travel by the Administrator until the Administrator submits the report.

]

Section 12091(a) of the Small Business Disaster Response and Loan Improvements Act of 2008 (15 U.S.C. 636k(a)) is amended—

(1) in paragraph (1)—

(A) by striking during the applicable period for a major disaster; and

(B) by striking for that major disaster;

(2) in paragraph (2)—

(A) in subparagraph (E), by striking how long the available funding for such loans will last and inserting the date at which available funding for such loans will reach 10 percent of the most recent appropriation and the date at which the funds will be depleted;

(B) in subparagraph (H), by striking and at the end;

(C) in subparagraph (I), by striking the period at the end and inserting ; and; and

(D) by adding at the end the following:

Text this section adds to the law

(J) a summary detailing any changes to estimates or assumptions on obligations and expenditures, including data supporting these changes.

; and

(3) by adding at the end the following:

Text this section adds to the law

(3) Prohibition on official travel. If the Administrator does not submit a report required to be submitted under paragraph (1) by the required date, no funds are authorized to be appropriated for official travel by the Administrator until the Administrator submits the report.