Latest action: Referred to the House Committee on Small Business.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Allows small businesses to get disaster loans when power outages cause damage.
The problem
Small businesses suffer financial losses from prolonged power outages but cannot access disaster loans designed for natural disasters.
The proposal
Amends the Small Business Act to include prolonged power outages as a qualifying disaster for federal disaster loan programs.
The impact
Small business owners affected by extended power outages gain access to emergency federal loans to recover losses and continue operations.
Allows small business owners to borrow money quickly after power outages damage their operations. This helps them pay bills, repair equipment, and stay in business during recovery.
Creates a new pathway for businesses to receive government help beyond natural disasters. Power outages are becoming more common and cause real damage.
When small businesses close due to power loss, workers lose jobs. These loans help keep businesses open and employees working.
Adding new eligibility for disaster loans could increase federal costs. The government may need to spend more money on these programs.
What counts as a 'prolonged' power outage is unclear. This could lead to disputes about who qualifies for loans.
Easy access to loans might discourage businesses from preparing backup power solutions. Businesses could rely on loans instead of self-protection.
No details on how agencies will determine eligibility or manage applications. Confusion could delay help when businesses need it most.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
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