arrow_back Trending Legislation
Share share

Cancellation or Repayment for Small Business Disaster Loans.

This bill introduces the option to cancel or repay a portion of the debt owed on disaster loans provided by the Small Business Administration (SBA). This relief covers both the principal and interest of the loan, offering significant financial aid to affected borrowers. The financial relief can be applied to borrowers starting one year after the declaration of the disaster or emergency.
Key points
Allows for the cancellation or repayment of a portion of SBA disaster loans (covering both principal and interest).
Financial relief applies specifically to loans secured due to a declared disaster or emergency.
The decision for cancellation or repayment can be made starting one year after the disaster declaration.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
To amend the Small Business Act to provide for cancellation or repayment for Small Business Administration disaster loans, and for other purposes.
Print number: HR 9036
Sponsor: Rep. Carter, Troy A. [D-LA-2]
Process start date: 2024-07-15
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch
Summary & Status

Key Questions about Cancellation or Repayment for Small Business Disaster Loans.

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 9036.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-07-15.

What are the main provisions?

Key points include:

  • Allows for the cancellation or repayment of a portion of SBA disaster loans (covering both principal and interest).
  • Financial relief applies specifically to loans secured due to a declared disaster or emergency.
  • The decision for cancellation or repayment can be made starting one year after the disaster declaration.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Carter, Troy A. [D-LA-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

Analysis and Potential Impact of HR 9036

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Economy