Small Business and Entrepreneurship Committee
- Referred To
Introduced: Feb 5, 2026
Latest action date: Jul 13, 2026
Latest development
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Status detail: The full action history records passage in the House.
Plain-language overview
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
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.
Civixly topics
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
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
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 Sep 17, 2026.
Newest action first. Action language comes from the official Congress.gov record.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Motion to reconsider laid on the table Agreed to without objection.
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).
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).
Considered as unfinished business. (consideration: CR H4226-4227)
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 The point of no quorum was considered as withdrawn.
DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
Mr. Williams (TX) moved to suspend the rules and pass the bill.
Placed on the Union Calendar, Calendar No. 426.
Reported by the Committee on Small Business. H. Rept. 119-500.
Reported by the Committee on Small Business. H. Rept. 119-500.
Ordered to be Reported by the Yeas and Nays: 24 - 0.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
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