Funding Small Businesses During Shutdown Act
- Last Action
- 9/26/2025
Actions
- 2025-09-26Referred to the House Committee on Appropriations.
- 2025-09-26Introduced in House
- 2025-09-26Introduced in House
CRS Summary
As of 2025-09-26 (00)
Funding Small Businesses During Shutdown Act
This bill provides FY2026 appropriations to continue servicing loans made under certain Small Business Administration (SBA) loan programs if there is a lapse in discretionary appropriations (i.e., government shutdown) in FY2026.
If there is a lapse in FY2026 appropriations for the SBA, the bill provides specified appropriations to pay for the salaries and expenses necessary to continue servicing any loans made under several loan programs authorized by the Small Business Act and the Small Business Investment Act of 1958.
The bill provides the appropriations for any 30-day period in which there is a lapse in SBA appropriations and on a pro-rated basis if the lapse is less than 30 days.
Cosponsors (10)
- Lateefah Simon (D-CA)
- Joaquin Castro (D-TX)
- Kelly Morrison (D-MN)
- Johnny Olszewski (D-MD)
- Greg Landsman (D-OH)
- Steven Horsford (D-NV)
- Sarah McBride (D-DE)
- Wesley Bell (D-MO)
- Judy Chu (D-CA)
- Hillary Scholten (D-MI)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.