Relating to a disaster recovery loan program for small and micro-businesses.

SB 26 creates a Texas state program to provide disaster recovery loans for small and micro-businesses affected by declared disasters. It establishes a dedicated recovery fund in the state budget and authorizes the state bank to offer zero-interest loans to community development financial institutions (CDFIs). These CDFIs then make interest-bearing loans to qualifying small businesses (20-100 employees) and micro-businesses that struggle to access capital after disasters. The bill requires at least 50% of program funds to support micro-businesses, with specific definitions and administration rules outlined in amended sections of the Texas Government Code.