H. R. 825, also known as the "Assisting Small Businesses Not Fraudsters Act," aims to stop people who have been convicted of crimes related to financial misconduct from getting help from the Small Business Administration. This bill changes the Small Business Act to make sure...
Simple Explanation
The "Assisting Small Businesses Not Fraudsters Act" is a rule that tries to stop people who trick the government from getting help for their small businesses, except if there's an emergency like a disaster. This rule only affects new applications after it becomes official.