HR 3557
To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes.
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 3:12 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill aims to provide temporary relief to small businesses struggling after disasters by suspending interest accrual and payment requirements on certain disaster loans. It modifies the Small Business Act to allow the Small Business Administration (SBA) to set interest rates at zero percent and defer payments for a year following the loan's disbursement. This measure is intended to ease the financial burden on businesses recovering from declared disasters. The bill also includes other unspecified purposes related to the Small Business Act.
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