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S 1142 118th Congress Senate Commerce

SBA Collections Act of 2023

Introduced: March 30, 2023 Introduced by: Ernst, Joni Republican · Iowa See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 30, 2023
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Mar 30, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

SBA Collections Act of 2023

This bill prohibits the Small Business Administration (SBA) from discharging, suspending, or ending collection action on any claim related to a Paycheck Protection Program (PPP) loan or Economic Injury Disaster Loan (EIDL).

Additionally, the SBA must refer such claims that are for $100,000 or less to the Department of the Treasury and Treasury must make a final decision for the disposition of such claims.

The SBA must provide monthly briefings to, and the SBA Administrator must annually testify before, the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives about the collection of claims for such loans.

What's happening now March 30, 2023

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1142: SBA Collections Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-S-1142/
MLA
"S. 1142: SBA Collections Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-1142/.
Bluebook (legal)
S. 1142, 118th Cong. (2026), https://openamerica.io/bill/118-S-1142/.
Markdown link
[S. 1142: SBA Collections Act of 2023](https://openamerica.io/bill/118-S-1142/)
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