The SBA Disaster Transparency Act mandates the Small Business Administration to publicly release disaster assistance reports submitted to Congress on its website.
Tim Scott
Senator
SC
The SBA Disaster Transparency Act mandates the Small Business Administration (SBA) to publicly disclose disaster assistance reports on its website. This ensures transparency by making information accessible to the public after it has been submitted to Congress.
The 'SBA Disaster Transparency Act' is straightforward: it forces the Small Business Administration (SBA) to post reports on its disaster assistance activities online, after those reports have been submitted to Congress. This means that once Congress gets the info, the public gets it too, increasing transparency.
The core of this bill is about making sure the public can see what's happening with disaster relief funds. Currently, reports on SBA disaster assistance are submitted to Congress, but there's no requirement for these to be shared with the public. This new law changes that. The bill mandates that these reports be published on the SBA website, so anyone – business owners, homeowners, or just interested citizens – can check out where the money is going and how it's being used. For example, if you're a small business owner hit by a hurricane, you could potentially track how the SBA is responding in your area, based on these reports.
This move toward greater transparency could have several practical effects. By putting this information in the public eye, the bill aims to make the SBA more accountable for how it handles disaster relief. It could also help identify any hiccups or inefficiencies in the system. If, for example, a report shows delays in getting aid to a specific region, that's now public knowledge, making it easier to flag and address the issue. Section 2 of the bill is where this requirement is explicitly laid out, ensuring that the reports go online after submission to congress.
While this bill focuses on transparency, it fits into a larger context of government accountability. It's about making sure that taxpayer money, especially in times of crisis, is used wisely and effectively. By making this information accessible, the bill could also help researchers and policymakers better understand the challenges and successes of disaster relief efforts, potentially leading to better strategies in the future.