How S 397 changes current law

Small Business Disaster Damage Fairness Act of 2025 · United States

How this bill changes current law

2 changes

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

This bill increases the minimum disaster loan amount requiring collateral from $14,000 to $50,000 and modifies the definition of eligible disasters.

  • 15 U.S.C. 636(d)(6)

    $14,000 → $50,000

    The minimum disaster loan amount for which collateral is required is increased.

  • 15 U.S.C. 636(d)(6)

    major disaster → disaster

    The terminology for the types of disasters that qualify for loans is broadened.

Download the branded redline PDF

A print-ready, House Comparative-Print–style redline to forward to your team or leadership.

One email, no spam — used to send updates on bills like this.

View the full bill Permalink: https://www.oneclickpolitics.com/bills/115754-s-397/current-law