H.R. 7401

119th Congress

In Committee

Small Business Lending Fraud Prevention Act

Sponsored byRepublican:Rep. Meuser, Daniel [R-PA-9]PA· Introduced 5 février 2026

1

Cosponsors

17

Actions

0

Amendments

1

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.

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

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

    13 juillet 2026 · IntroReferral

  2. Considered as unfinished business.

    24 juin 2026 · Floor

  3. Considered as unfinished business. (consideration: CR H4226-4227)

    24 juin 2026 · Floor

  4. 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

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

    24 juin 2026 · Floor

  6. 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

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

    23 juin 2026 · Floor

  8. 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

  9. 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

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

    23 juin 2026 · Floor

  11. DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.

    23 juin 2026 · Floor

  12. DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.

    23 juin 2026 · Floor

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

    23 juin 2026 · Floor

  14. Considered under suspension of the rules.

    23 juin 2026 · Floor

  15. Considered under suspension of the rules.

    23 juin 2026 · Floor

  16. Reported by the Committee on Small Business. H. Rept. 119-500.

    20 février 2026 · Committee

  17. Reported by the Committee on Small Business. H. Rept. 119-500.

    20 février 2026 · Committee

  18. Reported by the Committee on Small Business. H. Rept. 119-500.

    20 février 2026 · Committee

  19. Reported by the Committee on Small Business. H. Rept. 119-500.

    20 février 2026 · Committee

  20. Placed on the Union Calendar, Calendar No. 426.

    20 février 2026 · Calendars

Sponsorship

1 cosponsors

Sponsor

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

Cosponsors

  • Democrat1100%

Classification

Policy area

Commerce

Legislative subjects

Administrative law and regulatory proceduresGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionSmall Business Administration

Committees

1

  • Small Business Committee

    House · Standing

    • Referred To5 Feb 2026
    • Markup By11 Feb 2026
    • Reported By20 Feb 2026
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