The Disaster Loan Accountability and Reform Act (S. 300) is about making sure people know what's happening with loans that help small businesses after disasters, and it tells the Small Business Administration to give reports and updates regularly. The bill also says they have to check with Congress before giving more loan forgiveness, and they shouldn't change rules in a way that costs more money without a good reason.

S. 300 is a proposed rule to make sure that the people who give out loans during disasters are very careful and tell how they're doing it. It wants them to check their work more often and be more open about where the money goes, so everyone knows it's being used correctly.