S. 4532 · Where this bill is now
In committee
Introduced in the Senate, May 14, 2026
What this bill does
In plain words · AI-written from the official summarySmoke qualifies small businesses for disaster loans
Right now, small businesses can get special disaster loans if they suffer economic harm from disasters like hurricanes or earthquakes. This bill adds smoke from wildfires to that list of disasters. That means small businesses, small agricultural cooperatives, and most private nonprofit organizations could qualify for these economic injury disaster loans when wildfire smoke damages their operations.
How it affects you
If you own or work at a small business, farm cooperative, or nonprofit in an area affected by wildfire smoke, this could help your organization get emergency loans to recover from the financial damage. Previously, smoke alone wouldn't have qualified you for these loans, even if it hurt your business significantly.
Read the official summary (Introduced in Senate, May 14, 2026)
Small Business Wildfire Smoke Recovery Act
This bill includes smoke within the definition of a disaster for the purpose of providing economic injury disaster loans to small businesses, small agricultural cooperatives, and most private nonprofit organizations.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
2nd SessionS. 4532
A BILL
Small Business Wildfire Smoke Recovery Act
Sponsor: Sen. Catherine Cortez Masto (D-NV) · Introduced May 14, 2026 · Commerce · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action May 14, 2026: “Read twice and referred to the Committee on Small Business and Entrepreneurship.”