Relating to a disaster recovery loan program for small and micro-businesses.
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SB 26 — Relating to a disaster recovery loan program for small and micro-businesses.
Last action — Referred to Disaster Preparedness & Flooding, Select
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 89th Legislature, 1st Called Session (2025). It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 26 on the official Texas source →Compared against the Texas statutes as published AI-generated reading aid — verify against the official bill.
This bill amends 9 section(s) of the Texas statutes: Section 481.451, Government Code, Section 481.452, Government Code, Section 481.452(a), Government Code, Section 481.453, Government Code, Section 481.454(b), Government Code, Section 481.455, Government Code.
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SMALL- AND
amended
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Section 481.451, Government Code
Micro-business→ small- and small- and Small- and micro-business small businesses or small- and (8) "Small business" means a corporation, partnership, sole proprietorship, or other legal entity that: (A) is domiciled in this state or has at least 51 percent of its employees located in this state; (B) is formed to make a profit; (C) is independently owned and operated; and (D) employs more than 20 and fewer than 100 full-time employees.amended
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Section 481.452, Government Code
SMALL- AND
amended
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Section 481.452(a), Government Code
small- and
amended
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Section 481.453, Government Code
SMALL- AND
amended
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Section 481.454(b), Government Code
small businesses and
amended
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Section 481.455, Government Code
and (3)→ small businesses and (a-1) The bank may not provide loans to micro-businesses under this chapter in an amount less than 50 percent of the total amount of all loans provided under the program in a fiscal biennium. small business or (C) has suffered physical or economic injury as the result of the event leading to the disaster declaration; and (D) has paid in full any previous loan received under this subchapter; (3) may not have an interest rate higher than the prevailing rate for a similar loan in this state; (4) small- and small business or small- andamended
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Section 481.4555, Government Code
Sec. 481.4555. USES OF LOAN. An eligible small business or micro-business may use a loan received under this subchapter to pay the business's payroll costs, including costs related to the continuation of health care benefits for the business's employees.
added
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Section 481.457(a), Government Code
small businesses and
amended
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Section 489.107(c), Government Code
small business→ small- and micro-business and micro-businessamended
Action History
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Referred to Disaster Preparedness & Flooding, Select
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Read first time
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Filed
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Received by the Secretary of the Senate
Sponsors
- Carol Alvarado · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 183 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (183)
183 members have not signed on to this bill.
Show all 183 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SB 26?
- SB 26 is sponsored by Carol Alvarado.
- What is the current status of SB 26?
- This bill died with 89th Legislature, 1st Called Session (2025). It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 26?
- Track SB 26 free on One Click Politics — get push/email alerts when it moves.
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