Agency: Small Business Administration
Description:
Includes a “rescission of COVID-19 appropriations” from the Small Business Administration (SBA). Specifically, this section rescinds $17.5 billion of Targeted Economic Injury Disaster Loan (EIDL) Advance funding, which was initially set aside in the Consolidated Appropriations Act, 2021, to provide $10,000 top-ups for small businesses.
Bill Section:
90007
New or Existing:
Existing
Potential Cost:
$-41,649,700,000