Requires the Small Business Administration to report more often to Congress on its disaster loan funding, budget requests, and loan costs, and limits the Administrator's official travel funds when a required monthly report is late.

• Requires monthly reports to Congress giving the date funding falls to 10 percent of the latest appropriation and the date it runs out, plus a summary of changes to obligation and spending estimates.
• Bars funds for the Administrator's official travel until a late monthly report is submitted, and requires 24-hour notice to four appropriations and small business committees when loan funds drop below 10 percent of the 10-year average annual cost.
• Requires the annual budget request to show the 10-year average cost of SBA disaster loans and COVID-EIDL loans, plus administrative costs, with explanations for any differences from the request.
• Directs the Government Accountability Office to report within 180 days on loan obligation and disbursement rates and within one year on the cost of two 2023 and 2024 rules that changed loan limits and terms, and directs SBA to report within 30 days on budget forecasting corrections, with updates every 90 days.

• Budget Committee (House)
• Small Business Committee (House)

Commerce