Introduced
Committee
Markup
Reported
Floor
Passed
Enacted
HR.5568 119th Congress

Funding Small Businesses During Shutdown Act

Status
In Committee
Sponsor
Conaway, Herbert C. (D-New Jersey)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
0
Full Text
1,856 chars
Alive
Yes
GovGreed Synthesis ·
Funding Small Businesses During Shutdown Act This bill provides FY2026 appropriations to continue servicing loans made under certain Small Business Administration (SBA) loan programs if there is a lapse in discretionary appropriations (i.e., government shutdown) in FY2026. If there is a lapse in FY2026 appropriations for the SBA, the bill provides specified appropriations to pay for the salaries and expenses necessary to continue servicing any loans made under several loan programs authorized by the Small Business Act and the Small Business Investment Act of 1958. The bill provides the appropriations for any 30-day period in which there is a lapse in SBA appropriations and on a pro-rated basis if the lapse is less than 30 days.
2025-09-26
Referred to the House Committee on Appropriations.
2025-09-26
Introduced in House
2025-09-26
Introduced in House
119 HR 5568 IH: Funding Small Businesses During Shutdown Act U.S. House of Representatives 2025-09-26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 5568 IN THE HOUSE OF REPRESENTATIVES September 26, 2025 Mr. Conaway (for himself, Ms. Simon , Mr. Castro of Texas , Ms. Morrison , and Mr. Olszewski ) introduced the following bill; which was referred to the Committee on Appropriations A BILL To ensure continued appropriations for certain Small Business Administration programs during a Government shutdown, and for other purposes. 1. Short title This Act may be cited as the Funding Small Businesses During Shutdown Act . 2. Continuation of certain Small Business Administration programs during a Government shutdown There are appropriated for fiscal year 2026, out of any money in the Treasury not otherwise appropriated, during any period of a lapse in discretionary appropriations with respect to the Small Business Administration during such fiscal year beginning on or after the date of the enactment of this section, for any 30-day period of such lapse (and on a pro-rated basis if such lapse is less than 30 days) to pay for the salaries and expenses necessary to continue servicing any loans made under— (1) $500,000 for loans made under subsection (m) of section 7 of the Small Business Act ( 15 U.S.C. 636(m) ); (2) $2,916,666,667 for loans made under subsection (a) of section 7 of the Small Business Act ( 15 U.S.C. 636(a) ); (3) $1,250,000,000 for loans made under title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 et seq. ); and (4) $13,775,000 for administrative expenses to carry out the loan program under subsection (m) of section 7 of the Small Business Act ( 15 U.S.C. 636(m) ).
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Bill text sourced from GovInfo.gov · public domain · last updated recently.
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