119th Congress
H.R. 5788
504 Program Risk Oversight Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Derek Tran(D-CA)
- Introduced
- Oct 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 (3)
Original cosponsors (1)
- Jimmy Patronis (R-FL)
Added later (2)
- Gilbert Ray Cisneros, Jr. (D-CA) · Nov 17, 2025
- Maggie Goodlander (D-NH) · Nov 17, 2025
Summary
Summary by the Congressional Research Service· describes the “Reported to House” version
504 Program Risk Oversight Act
This bill requires the Small Business Administration (SBA) to annually conduct a risk analysis of all loans guaranteed under the 504 loan program.
The 504 loan program provides long-term, fixed-rate financing to qualifying small businesses for major fixed assets, such as land, buildings, equipment, and machinery.
The SBA must annually report the results of the risk analysis for each preceding fiscal year, including the steps taken by the SBA to mitigate the risks identified in the analysis.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 26, 2026 · Senate
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. - Jan 20, 2026 · House
Motion to reconsider laid on the table Agreed to without objection. - Jan 20, 2026 · House
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H933) - Jan 20, 2026 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 5788. - Jan 20, 2026 · House
Considered under suspension of the rules. (consideration: CR H932-934) - Jan 20, 2026 · House
Mr. Williams (TX) moved to suspend the rules and pass the bill. - Dec 12, 2025 · House
Placed on the Union Calendar, Calendar No. 352. - Dec 12, 2025 · House
Reported by the Committee on Small Business. H. Rept. 119-404. - Nov 18, 2025
Ordered to be Reported by the Yeas and Nays: 27 - 0. - Nov 18, 2025
Committee Consideration and Mark-up Session Held - Oct 17, 2025 · House
Referred to the House Committee on Small Business. - Oct 17, 2025
Introduced in House