What is the current status of S 371?

S 371 is currently: Passed Senate.

S 371 was sponsored by Tim Scott (R), Sen.

Requires Small Business Disaster Reports Online

IntroducedN/A

Passed Senate11 months ago

Intro

Senate

House

Pres

Awaiting House vote

Why This Matters

This bill requires the Small Business Administration to publish reports about disaster assistance for small businesses on its website.

If you own a small business, you will find disaster assistance reports easily accessible online starting in 2025.

Who this affects

small business owners · taxpayers

What changes is this bill making?

1This bill mandates that the Small Business Administration post specific disaster assistance reports on its website.
2Reports will include details about how disaster assistance funds are distributed to small businesses.
3The bill aims to improve transparency and accountability in the disaster assistance process.
4Small businesses affected by disasters will have easier access to important information about available aid.
5The changes will help ensure that taxpayers can see how disaster funds are used.