Small Business Lending Fraud Prevention Act
Where it stands
- Introduced2/5/26
- Passed HousePassed 6/24/26
- Senate
- President
- Law
Passed the House 415–0 on June 24, 2026 (Roll Call 225 →). Received in the Senate on July 13, 2026. No Senate action since.
Set your address to see how your representatives voted.
Roll calls on this bill
- Democratic205 Yea · 0 Nay · 0 Present · 7 Not voting
- Republican209 Yea · 0 Nay · 1 Present · 8 Not voting
- Independent / Other1 Yea · 0 Nay · 0 Present · 0 Not voting
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.
What happens next
The Senate must pass the same text, then it goes to the President.
If it isn't enacted by Jan 3, 2027, it expires when the 119th Congress ends.
All actions (15)
- 2/5/26Introduced in House
- 2/5/26Referred to the House Committee on Small Business.
- 2/11/26Committee Consideration and Mark-up Session Held
- 2/11/26Ordered to be Reported by the Yeas and Nays: 24 - 0.
- 2/20/26Reported by the Committee on Small Business. H. Rept. 119-500.
- 2/20/26Placed on the Union Calendar, Calendar No. 426.
- 6/23/26Mr. Williams (TX) moved to suspend the rules and pass the bill.
- 6/23/26Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
- 6/23/26DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
- 6/23/26At 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 The point of no quorum was considered as withdrawn.
- 6/24/26Considered as unfinished business. (consideration: CR H4226-4227)
- 6/24/26Passed/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).
- 6/24/26On 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).
- 6/24/26Motion to reconsider laid on the table Agreed to without objection.
- 7/13/26Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.