119th Congress
H.R. 7401
Small Business Lending Fraud Prevention Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Daniel Meuser(R-PA)
- Introduced
- Feb 5, 2026
- 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)
- Maggie Goodlander (D-NH)
Summary
Summary by the Congressional Research Service· describes the “Reported to House” version
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.
Roll-call votes
| Date | Vote | Result | Your members |
|---|---|---|---|
| Jun 24, 2026 House #225 | On Motion to Suspend the Rules and Pass: Small Business Lending Fraud Prevention Act | Passed | Set your home to see |
Actions
- Jul 13, 2026 · Senate
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. - Jun 24, 2026 · House
Motion to reconsider laid on the table Agreed to without objection. - Jun 24, 2026 · 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). - Jun 24, 2026 · House
Considered as unfinished business. (consideration: CR H4226-4227) - Jun 23, 2026 · House
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 The point of no quorum was considered as withdrawn. - Jun 23, 2026 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 7401. - Jun 23, 2026 · House
Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140) - Jun 23, 2026 · House
Mr. Williams (TX) moved to suspend the rules and pass the bill. - Feb 20, 2026 · House
Placed on the Union Calendar, Calendar No. 426. - Feb 20, 2026 · House
Reported by the Committee on Small Business. H. Rept. 119-500. - Feb 11, 2026
Ordered to be Reported by the Yeas and Nays: 24 - 0. - Feb 11, 2026
Committee Consideration and Mark-up Session Held - Feb 5, 2026 · House
Referred to the House Committee on Small Business. - Feb 5, 2026
Introduced in House