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H.R. 7401Passed House

Small Business Lending Fraud Prevention Act

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.

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Congress
119th Congress
Introduced
Feb 5, 2026
Recorded roll calls
1

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

Plain-language overview

What this bill does

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.

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

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 Sep 17, 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. 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).

    FloorHouse floor actions
  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).

    FloorLibrary of Congress
  5. Considered as unfinished business. (consideration: CR H4226-4227)

    FloorHouse floor actions
  6. 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.

    FloorHouse floor actions
  7. DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.

    FloorHouse floor actions
  8. Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)

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

    FloorHouse floor actions
  10. Placed on the Union Calendar, Calendar No. 426.

    CalendarsHouse floor actions
  11. Reported by the Committee on Small Business. H. Rept. 119-500.

    CommitteeHouse floor actions
  12. Reported by the Committee on Small Business. H. Rept. 119-500.

    CommitteeLibrary of Congress
  13. Ordered to be Reported by the Yeas and Nays: 24 - 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 24, 2026House · Roll call 225

On Motion to Suspend the Rules and Pass

Vote source ↗
415 Yea15 Not Voting1 Present
View 431 recorded positions
Adam GrayNot Voting
Ann WagnerNot Voting
David KustoffNot Voting
Erin HouchinNot Voting
Greg CasarNot Voting
James GallagherNot Voting
Nancy MaceNot Voting
Neal P. DunnNot Voting
Rosa L. DeLauroNot Voting
Seth MoultonNot Voting

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

View data freshness details

Base metadata checked Sep 17, 2026 · Summary checked Sep 17, 2026 · Action timeline checked Sep 17, 2026 · Sponsorship checked Sep 17, 2026 · Topics checked Sep 17, 2026 · Committees checked Sep 17, 2026 · Status checked Sep 17, 2026 · Related bills checked Sep 17, 2026.