H.R. 1804

119th Congress

In Committee

7(a) Loan Agent Oversight Act

Sponsored byRepublican:Rep. Meuser, Daniel [R-PA-9]PA· Introduced 3 mars 2025
Open on Congress.gov

1

Cosponsors

17

Actions

0

Amendments

2

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

4 juin 2025·1 year ago

Summary

Introduced in House · Updated 30 mai 2025

7(a) Loan Agent Oversight Act

This bill requires the Small Business Administration (SBA) to submit an annual report containing specified information related to 7(a) loan agents. These agents provide fee-based referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA provides loans and loan guarantees to small business borrowers who cannot obtain credit elsewhere on reasonable terms and conditions.

The required report must include (1) the number and type of agents assisting applicants for 7(a) loans, (2) the number of fraudulent loans made for which an applicant used the services of a 7(a) agent, (3) the purchase rate of loans for which an applicant used the services of a 7(a) agent, and (4) the number and aggregate dollar value of referral fees paid to 7(a) agents.

Timeline

17 actions

  1. Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

    4 juin 2025 · IntroReferral

  2. At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    3 juin 2025 · Floor

  3. Considered as unfinished business. (consideration: CR H2403-2404)

    3 juin 2025 · Floor

  4. Mr. Williams (TX) moved to suspend the rules and pass the bill.

    3 juin 2025 · Floor

  5. DEBATE - The House proceeded with forty minutes of debate on H.R. 1804.

    3 juin 2025 · Floor

  6. Considered under suspension of the rules. (consideration: CR H2398-2399)

    3 juin 2025 · Floor

  7. Motion to reconsider laid on the table Agreed to without objection.

    3 juin 2025 · Floor

  8. On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 3 (Roll no. 147). (text: CR H2398)

    3 juin 2025 · Floor

  9. Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 3 (Roll no. 147). (text: CR H2398)

    3 juin 2025 · Floor

  10. Placed on the Union Calendar, Calendar No. 22.

    24 mars 2025 · Calendars

  11. Reported by the Committee on Small Business. H. Rept. 119-33.

    24 mars 2025 · Committee

  12. Reported by the Committee on Small Business. H. Rept. 119-33.

    24 mars 2025 · Committee

  13. Ordered to be Reported by the Yeas and Nays: 25 - 0.

    5 mars 2025 · Committee

  14. Committee Consideration and Mark-up Session Held

    5 mars 2025 · Committee

  15. Referred to the House Committee on Small Business.

    3 mars 2025 · IntroReferral

  16. Introduced in House

    3 mars 2025 · IntroReferral

  17. Introduced in House

    3 mars 2025 · IntroReferral

Sponsorship

1 cosponsors

Sponsor

Republican:Rep. Meuser, Daniel [R-PA-9]PA

Cosponsors

  • Democrat1100%

Classification

Policy area

Commerce

Legislative subjects

Congressional oversightFraud offenses and financial crimesGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigations

Committees

2

  • Small Business Committee

    House · Standing

    • Referred To3 Mar 2025
    • Markup By5 Mar 2025
    • Reported By24 Mar 2025

  • Small Business and Entrepreneurship Committee

    Senate · Standing

    • Referred To4 Jun 2025

Reports

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