Federal · 119th Congress
Small Business Lending Fraud Prevention Act
Policy areaCommerce
Summary
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.
Sponsor
Cosponsors
Floor votes
Other titles2
To require employees of the Small Business Administration to certify that the employee does not have any prohibited conflicts of interest with respect to loans in which the employee is involved, and for other purposes.Official Title as IntroducedOfficial Titles from EH (Engrossed in House) bill text
Small Business Lending Fraud Prevention ActShort Title(s) as IntroducedShort Title(s) as Reported to HouseShort Title(s) as Passed HouseShort Titles from RFS (Referred to Senate) bill text
Legislative history14
Jul 13, 2026
SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 24, 2026
House · FloorMotion to reconsider laid on the table Agreed to without objection.
Jun 24, 2026
House · Floor
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).Roll Call 225415–0
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Jun 24, 2026
House · FloorConsidered as unfinished business. (consideration: CR H4226-4227)
Jun 23, 2026
House · FloorAt 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 The point of no quorum was considered as withdrawn.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 · FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 7401.
Jun 23, 2026
House · FloorConsidered under suspension of the rules. (consideration: CR H4140-4141; text: CR H4140)
Jun 23, 2026
House · FloorMr. Williams (TX) moved to suspend the rules and pass the bill.
Feb 20, 2026
HousePlaced on the Union Calendar, Calendar No. 426.
Feb 20, 2026
House · CommitteeReported by the Committee on Small Business. H. Rept. 119-500.
Feb 11, 2026
House · CommitteeOrdered to be Reported by the Yeas and Nays: 24 - 0.
Feb 11, 2026
House · CommitteeCommittee Consideration and Mark-up Session Held
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Documents5
Texts
As referred to a Senate committeeLatestReferred in SenateU.S. Government Publishing OfficeJul 13, 2026As passed by the HouseEngrossed in HouseU.S. Government Publishing OfficeJun 24, 2026As reported by the House committeeReported in HouseU.S. Government Publishing OfficeFeb 20, 2026As introduced in the HouseIntroduced in HouseU.S. Government Publishing OfficeFeb 5, 2026