To improve accountability in the disaster loan program of the Small Business Administration, and for other purposes.

H.R. 4238 is legislation introduced in the House that would tighten oversight of the Small Business Administration (SBA) disaster loan program. It would require more detailed monthly reports, more detailed budget justifications, and faster notice to Congress when disaster loan money gets low. It would also direct the Government Accountability Office (GAO) to study how the program works and how recent loan-rule changes affected costs. These changes matter because they could improve how quickly Congress and the Small Business Administration spot funding problems that affect disaster survivors, homeowners, and businesses.