DLARA

The entire SBA Inspector General review section (former Section 9) was deleted. This section had required the Inspector General to investigate the circumstances behind a disaster loan funding shortfall, including analysis of internal controls, the impact of administrative reorganization, and recommendations to prevent future shortfalls, with a report due within 180 days.

The official travel penalty for failing to submit required reports was changed from 'no funds may be obligated for official travel' (blocking use of already-appropriated money) to 'no funds are authorized to be appropriated for official travel' (blocking new funding entirely). This is a stronger restriction that prevents Congress from appropriating travel funds rather than merely freezing existing ones.

The 'Requirements when funding is low' provision was drastically simplified. The original version gave the SBA Administrator authority to limit new loan obligations to only those requiring collateral once funds dropped below 10 percent of the 10-year average cost, and required disbursement of remaining loans within 14 days after additional appropriations. The engrossed version removes all of that enforcement authority and retains only a requirement to notify congressional committees within 24 hours when the funding balance falls below that threshold.

The 4-year sunset provision (former subsection (b)) that would have automatically struck the low-funding limitation paragraph from the Small Business Act was removed, along with the companion GAO impact report requirement (former subsection (c)).

The low-funding trigger language was changed from 'unobligated balance of amounts available' to 'balance of funds authorized to be appropriated,' which could represent a different calculation basis for when the 10 percent threshold is met.