H.R. 7401
119th Congress
Small Business Lending Fraud Prevention Act
1
Cosponsors
17
Actions
0
Amendments
1
Committees
—
Since introduced
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
13 juillet 2026·1 week ago
Summary
Reported to House · Updated 17 juin 2026
Small Business Lending Fraud Prevention Act
This bill requires Small Business Administration (SBA) employees who participate in the origination, review, or approval of SBA loans to certify in writing prior to such participation that the employee
- does not have any conflict of interest with respect to the loan,
- will disclose any such conflict of interest arising after the certification is made, and
- understands the requirements with respect to conflicts of interest applicable SBA employees.
Under current law, federal employees must disclose financial conflicts of interest with respect to a particular matter and recuse themselves from such matter (with limited exceptions upon authorization from the employee's agency designee).
The SBA must issue regulations implementing the requirements of this bill.
Timeline
17 actions
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
13 juillet 2026 · IntroReferral
Considered as unfinished business.
24 juin 2026 · Floor
Considered as unfinished business. (consideration: CR H4226-4227)
24 juin 2026 · Floor
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): 415 - 0, 1 Present (Roll no. 225).
24 juin 2026 · Floor
Motion to reconsider laid on the table Agreed to without objection.
24 juin 2026 · Floor
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 415 - 0, 1 Present (Roll no. 225).
24 juin 2026 · Floor
Mr. Williams (TX) moved to suspend the rules and pass the bill.
23 juin 2026 · Floor
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
23 juin 2026 · Floor
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
23 juin 2026 · Floor
Mr. Williams (TX) moved to suspend the rules and pass the bill.
23 juin 2026 · Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
23 juin 2026 · Floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
23 juin 2026 · Floor
Mr. Williams (TX) moved to suspend the rules and pass the bill.
23 juin 2026 · Floor
Considered under suspension of the rules.
23 juin 2026 · Floor
Considered under suspension of the rules.
23 juin 2026 · Floor
Reported by the Committee on Small Business. H. Rept. 119-500.
20 février 2026 · Committee
Reported by the Committee on Small Business. H. Rept. 119-500.
20 février 2026 · Committee
Reported by the Committee on Small Business. H. Rept. 119-500.
20 février 2026 · Committee
Reported by the Committee on Small Business. H. Rept. 119-500.
20 février 2026 · Committee
Placed on the Union Calendar, Calendar No. 426.
20 février 2026 · Calendars
Sponsorship
1 cosponsors
Sponsor
Republican:Rep. Meuser, Daniel [R-PA-9]PACosponsors
- Democrat1100%
- Democrat:Rep. Goodlander, Maggie [D-NH-2]NH
Classification
Policy area
CommerceLegislative subjects
Committees
1
Small Business Committee
House · Standing
- Referred To5 Feb 2026
- Markup By11 Feb 2026
- Reported By20 Feb 2026
Reports
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