Small Business ICE Disruption Fund

(a) In general There is established a fund to be known as the Small Business ICE Disruption Fund. (b) Appropriations There is appropriated to the Fund for fiscal year 2026, out of amounts in the Treasury not otherwise appropriated, $200,000,000, to remain available until expended. (c) Use of funds (1) In general The Administrator may use amounts in the Fund to make grants to any eligible entity that makes the certification required under subsection (d)(1). (2) Awards In general, the Administrator shall award grants to eligible entities in the order in which applications are received by the Administrator. (d) Application (1) Certification An eligible entity applying for a grant under this section shall make a good faith certification to the Administrator that— (A) losses incurred resulted from interruptions caused by a Federal immigration enforcement action; and (B) the eligible entity has not received compensation to make up from such losses from any other source. (2) Business identifiers In accepting applications for grants under this section, the Administrator shall implement fraud checks, including— (A) requiring applicants to provide a business identifier, such as an Employee Identification Number or Social Security Number; (B) verifying the tax returns of an applicant to confirm prior income; and (C) cross-checking applicant information against existing government databases to ensure that individuals or businesses convicted of fraud do not receive grants. (e) Grant amount (1) Aggregate maximum amount The aggregate amount of grants made to an eligible entity and any affiliated business of the eligible entity under this section— (A) shall not exceed $1,000,000; and (B) shall be limited to $500,000 per physical location of the eligible entity. (2) Determination of grant amount The amount of a grant made to an eligible entity under this subsection shall be equal to the immigration enforcement-related revenue loss by the eligible entity.