Mandatory Online Publication of Small Business Disaster Aid Reports
This Act mandates the Small Business Administration (SBA) to publish all disaster assistance reports directly on its website. This change provides citizens and small business owners with easier access to information about how and to whom financial aid is distributed after natural disasters. The goal is to increase public oversight of spending and the support process.
Key points
All reports concerning disaster assistance for small businesses must be mandatorily published on the SBA website.
The change enhances transparency and public access to information, allowing citizens to track how aid funds are utilized.
This applies to reports that were previously only submitted to Congress and must now be made public.
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