119th Congress
H.R. 825
Assisting Small Businesses Not Fraudsters Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Roger Williams(R-TX)
- Introduced
- Jan 28, 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 (2)
- Kweisi Mfume (D-MD)
- Lateefah Simon (D-CA)
Added later (1)
- Maggie Goodlander (D-NH) · Feb 24, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
Assisting Small Businesses Not Fraudsters Act
This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA).
Specifically, the bill prohibits individuals who have been convicted of a crime involving financial misconduct or a false statement with respect to certain COVID-19 loans (e.g., Paycheck Protection Program loans, Restaurant Revitalization Fund grants, and Shuttered Venue Operators grants) from receiving any financial assistance from the SBA (other than a disaster loan).
The prohibition includes SBA assistance to small businesses that have an owner, officer, director, or key employee who has been convicted of such a crime.
Roll-call votes
| Date | Vote | Result | Your members |
|---|---|---|---|
| Feb 24, 2025 House #43 | On Motion to Suspend the Rules and Pass: Assisting Small Businesses Not Fraudsters Act | Passed | Set your home to see |
Actions
- Feb 25, 2025 · Senate
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. - Feb 24, 2025 · House
Motion to reconsider laid on the table Agreed to without objection. - Feb 24, 2025 · House
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 405 - 0 (Roll no. 43). (text: CR H737) - Feb 24, 2025 · House
Considered as unfinished business. (consideration: CR H748) - Feb 24, 2025 · House
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. - Feb 24, 2025 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 825. - Feb 24, 2025 · House
Considered under suspension of the rules. (consideration: CR H737-739) - Feb 24, 2025 · House
Mr. Williams (TX) moved to suspend the rules and pass the bill. - Jan 28, 2025 · House
Referred to the House Committee on Small Business. - Jan 28, 2025
Introduced in House