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H.R. 1804Passed House

7(a) Loan Agent Oversight Act

Introduced: Mar 3, 2025

Latest action date: Jun 4, 2025

Latest development

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

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Congress
119th Congress
Introduced
Mar 3, 2025
Recorded roll calls
1

Status detail: The full action history records passage in the House.

Plain-language overview

What this bill does

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.

Official summary from Congress.gov.

Civixly topics

What this legislation is about

Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.

Official CRS policy area

Commerce

View 5 official legislative subjects
Congressional oversightFraud offenses and financial crimesGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigations

Committee activity

Committees and subcommittees that received, reviewed, marked up, or reported this legislation.

Amendments

Proposed changes to this measure, with their latest official outcome or action from Congress.gov.

No amendments are listed for this measure.

Checked against Congress.gov Oct 13, 2026.

Action timeline

Newest action first. Action language comes from the official Congress.gov record.

View full action timeline17 actions
  1. Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

    IntroReferralSenate
  2. Motion to reconsider laid on the table Agreed to without objection.

    FloorHouse floor actions
  3. 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)

    FloorLibrary of Congress
  4. 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)

    FloorHouse floor actions
  5. Considered as unfinished business. (consideration: CR H2403-2404)

    FloorHouse floor actions
  6. 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.

    FloorHouse floor actions
  7. DEBATE - The House proceeded with forty minutes of debate on H.R. 1804.

    FloorHouse floor actions
  8. Considered under suspension of the rules. (consideration: CR H2398-2399)

    FloorHouse floor actions
  9. Mr. Williams (TX) moved to suspend the rules and pass the bill.

    FloorHouse floor actions
  10. Reported by the Committee on Small Business. H. Rept. 119-33.

    CommitteeLibrary of Congress
  11. Placed on the Union Calendar, Calendar No. 22.

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

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

    CommitteeHouse committee actions
  14. Committee Consideration and Mark-up Session Held

    CommitteeHouse committee actions
  15. Referred to the House Committee on Small Business.

    IntroReferralHouse floor actions
  16. Introduced in House

    IntroReferralLibrary of Congress
  17. Introduced in House

    IntroReferralLibrary of Congress

Roll-call votes

Recorded House and Senate votes connected to this bill. Your representatives appear first when available.

PassedJun 3, 2025House · Roll call 147

On Motion to Suspend the Rules and Pass

405 Yea24 Not Voting3 Nay
View 432 recorded positions
Andy BiggsNot Voting
Ayanna PressleyNot Voting
Barry MooreNot Voting
Bill HuizengaNot Voting
David ScottYea
Donald NorcrossNot Voting
Doug LaMalfaYea
Eric SwalwellYea
Grace MengNot Voting
Josh GottheimerNot Voting
Lateefah SimonNot Voting
Laura GillenNot Voting
Laurel M. LeeNot Voting
Lori TrahanNot Voting
Marjorie Taylor GreeneYea
Mark E. GreenYea
Mikie SherrillNot Voting
Nancy MaceNot Voting
Rick LarsenNot Voting
Scott H. PetersNot Voting
Sheila Cherfilus-McCormickYea
Steve ScaliseNot Voting
Steven HorsfordNot Voting
Tony GonzalesYea
Wesley HuntNot Voting

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Sources: Congress.gov and official House and Senate vote records.

View data freshness details

Base metadata check pending · Civixly summary check pending · Action timeline checked Oct 13, 2026 · Complete sponsorship check pending · Topics checked Oct 13, 2026 · Committees checked Oct 13, 2026 · Status checked Oct 13, 2026 · Related bills checked Oct 13, 2026.