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119th Congress

H.R. 2966

American Entrepreneurs First Act of 2025

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Beth Van Duyne(R-TX)
Introduced
Apr 17, 2025
Policy area
Commerce
Committees
House Committee on Small Business; Senate Committee on Small Business and Entrepreneurship
Official text
Referred in Senate · Congress.gov page

Cosponsors (1)

Original cosponsors (1)

Summary

Summary by the Congressional Research Service· describes the “Introduced in House” version

American Entrepreneurs First Act This bill revises the application requirements for the Small Business Administration's 7(a) loan and 504 loan programs. Specifically, the bill requires applications for such loans to include (1) the applicant's date of birth; and (2) a certification that the applicant or all beneficial owners are citizens, nationals, or lawful permanent residents of the United States. The bill specifies that certain individuals are ineligible for such loans, including (1) asylees, (2) refugees, (3) individuals issued a visa to remain in the United States, (4) individuals legally classified as nonimmigrants, (5) individuals to whom deferred action has been granted pursuant to the Deferred Action for Childhood Arrivals, and (6) individuals without lawful status under the immigration laws of the United States.

Roll-call votes

DateVoteResultYour members
Jun 6, 2025
House #156
On Passage: American Entrepreneurs First ActPassedSet your home to see

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