Shares tax data for disaster loan checks

Requires the IRS to give the Small Business Administration tax return information about people applying for federal disaster loans, so the agency can check if they qualify.

• The IRS must hand over an applicant's tax return information when the Small Business Administration asks in writing
• The agency may use that information only to decide whether the applicant qualifies for a disaster loan
• The rule applies to information shared after the bill becomes law

In committee

Read the full bill