Small Business Lending Fraud Prevention Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary reported to house (Feb 20, 2026)
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 just happenedJul 13, 2026
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Who’s behind it
- Referred in SenateJul 13, 2026
- Engrossed in HouseJun 24, 2026
- Reported in HouseFeb 20, 2026
- Introduced in HouseFeb 5, 2026
- Jul 13, 2026IntroReferral
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Small Business and Entrepreneurship Committee - Jun 24, 2026FloorH38310
Motion to reconsider laid on the table Agreed to without objection.
- Jun 24, 2026FloorH37300
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, 2026Floor8000
Passed/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).
- Jun 24, 2026FloorH30000
Considered as unfinished business. (consideration: CR H4226-4227)
- Jun 23, 2026FloorH37210
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 The point of no quorum was considered as withdrawn.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, 2026FloorH8D000
DEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
- Jun 23, 2026FloorH30000
Considered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
- Jun 23, 2026FloorH30300
Mr. Williams (TX) moved to suspend the rules and pass the bill.
- Feb 20, 2026CalendarsH12410
Placed on the Union Calendar, Calendar No. 426.
- Feb 20, 2026CommitteeH12200
Reported by the Committee on Small Business. H. Rept. 119-500.
Small Business Committee - Feb 20, 2026Committee5000
Reported by the Committee on Small Business. H. Rept. 119-500.
Small Business Committee - Feb 11, 2026Committee
Ordered to be Reported by the Yeas and Nays: 24 - 0.
Small Business Committee - Feb 11, 2026Committee
Committee Consideration and Mark-up Session Held
Small Business Committee - Feb 5, 2026IntroReferralH11100
Referred to the House Committee on Small Business.
Small Business Committee - Feb 5, 2026IntroReferralIntro-H
Introduced in House
- Feb 5, 2026IntroReferral1000
Introduced in House