HR 4238 · Passed House · 06-24-26
DLARA
What does the DLARA do?
HR 4238 is a House bill sponsored by Rep. Tim Moore (R-NC). Adds accountability and reporting rules to the Small Business Administration’s disaster loan program. It requires more frequent and detailed reports to Congress, new budget disclosures, GAO and Inspector General reviews, and gives the SBA a temporary tool to limit new loan obligations when disaster-loan funding runs low. Imposes new reporting, budgeting, and oversight requirements on the SBA disaster loan program and adds a temporary low-funding loan-limitation authority.
Did HR 4238 pass? Where it stands
As of July 17, 2026, HR 4238 has passed the House.
Status: Passed House
Latest vote: House Passed by voice vote on June 23, 2026
Outlook: Likely
Key provisions
- Disaster Loan Reporting
- Monthly reports must project when funding hits 10% of the latest appropriation and when it will be depleted
- Reports must detail any changes to obligation and expenditure estimates
- Bars official-travel funds for the Administrator until a required report is submitted
- Budget Disclosures
- Budget must separately state SBA disaster loan and COVID-EIDL loan costs against a 10-year average
- Same disclosure required for administrative costs
- Low-Funding Limitation Authority
- SBA must notify Congress within 24 hours when funding falls below 10% of the 10-year average cost
- SBA may then limit new loan obligations to loans requiring collateral until more funds are appropriated
- Authority sunsets 4 years after enactment
- GAO and Inspector General Reviews
- GAO reports on disbursement rates and on two 2023-2024 disaster-loan rule changes
- SBA Inspector General reviews the disaster-loan funding shortfall flagged in October 2024
Last updated June 25, 2026