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S 1703 Advanced toward a vote

Requires the Small Business Administrator to ensure that rural residents in federally declared disasters have full access to SBA disaster assistance, including targeted outreach, and renumbers a duplicate paragraph in the Small Business Act.

Official title: Rural Small Business Resilience Act

Next stop Senate floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
Senate
Introduced 08-MAY-2025
Referred 08-MAY-2025
Approved by committee 16-JUL-2025
Reported 29-JUL-2025
On the calendar 29-JUL-2025
Key points
  • Requires the SBA Administrator to act within 1 year of enactment so individuals in rural areas with a declared disaster can fully access assistance under section 7(b) of the Small Business Act.
  • Directs targeted outreach and marketing materials to those individuals.
  • Redesignates the second paragraph (16), which concerns the statute of limitations, in section 7(b) of the Small Business Act as paragraph (17).
AI-generated from the Reported to Senate text of 29-JUL-2025 · verify · report an error
Official CRS summary

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Committee referrals (1) Policy area

Commerce

Sponsor Amy Klobuchar (D-MN) Cosponsors · 2
■ 1 R■ 1 D
1 Democrat
1 Republican