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S 943 118th Congress Senate Commerce Credit and credit markets Government studies and investigations Interest, dividends, interest rates Natural disasters Performance measurement Small business

Small Business Disaster Damage Fairness Act of 2023

Introduced: March 22, 2023 Introduced by: Kennedy, John Republican · Louisiana See on congress.gov
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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 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 25, 2023
Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.
Jul 25, 2023
Committee on Small Business and Entrepreneurship. Reported by Senator Cardin with an amendment in the nature of a substitute. Without written report.
Jul 19, 2023
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Mar 22, 2023
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Mar 22, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

Small Business Disaster Damage Fairness Act of 2023

This bill increases from $14,000 to $25,000 the threshold loan amount over which the Small Business Administration may require collateral for a disaster loan.

The Government Accountability Office must report on the performance, including the default rate, of such loans.

What's happening now July 25, 2023

Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.

 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 943: Small Business Disaster Damage Fairness Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-S-943/
MLA
"S. 943: Small Business Disaster Damage Fairness Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-943/.
Bluebook (legal)
S. 943, 118th Cong. (2026), https://openamerica.io/bill/118-S-943/.
Markdown link
[S. 943: Small Business Disaster Damage Fairness Act of 2023](https://openamerica.io/bill/118-S-943/)
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