119-HR5568

Bill is currently in: House
Path to Law
House Senate President

119th CONGRESS

1st Session

H. R. 5568

1. Short title
2. Continuation of certain Small Business Administration programs during a Government shutdown

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)).